H&R GmbH Reports Resilient Preliminary Results for 2024

H&R GmbH & Co. KGaA disclosed its preliminary financial outcomes for 2024, surpassing both the previous year and forecasts. The company reported an operating EBITDA of EUR 94.8 million, exceeding 2023's EUR 92.7 million. Other financial metrics showed slight improvements: EBIT rose to EUR 31.9 million, and EBT reached EUR 20.7 million. Net income remained stable at EUR 10.6 million, while sales dipped slightly by 1.0% to EUR 1,338.2 million.

The year began with muted demand across industries but gained momentum in the latter half, especially in Q4 where EBITDA rose to EUR 28.9 million. Q4 sales saw a 2.9% increase to EUR 324.6 million. Despite a reduction in operating cash flow to EUR 70.2 million, free cash flow remained positive at EUR 15.8 million. Total assets grew to EUR 944.2 million, whereas equity stood at EUR 468.6 million.

H&R anticipates releasing its full annual report in March 2025, providing comprehensive business insights.