H&R GmbH & Co. KGaA Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 2018; Provides Earnings Guidance for the Full Year 2018
For the nine months, the company reported sales revenues of EUR 833.7 million compared to EUR 784.9 million a year ago. Operating income was EUR 59.7 million compared to EUR 80.8 million a year ago. EBIT was EUR 34.4 million compared to EUR 54.4 million a year ago. EBT was EUR 28.6 million compared to EUR 47.6 million a year ago. Net profit attributable to shareholders was EUR 20.2 million compared to EUR 33.9 million a year ago. Consolidated earnings per share was EUR 0.55 compared to EUR 0.93 a year ago. Operating cash flow was EUR 9.3 million compared to EUR 44.7 million a year ago. Free cash flow was negative EUR 34.7 million compared to EUR 6.9 million a year ago.
For the full year, the Executive Board confirms current earnings forecast of EUR 70.0 million to EUR 75.0 million.