H&R GmbH & Co. KGaA reported consolidated earnings results for the third quarter and nine months ended September 2018. For the quarter, the company reported sales revenues of EUR 283.3 million compared to EUR 257.2 million a year ago. Operating income was EUR 18.5 million compared to EUR 27.9 million a year ago. EBIT was EUR 10.1 million compared to EUR 19.3 million a year ago. EBT was EUR 7.7 million compared to EUR 17.2 million a year ago. Net profit attributable to shareholders was EUR 5.3 million compared to EUR 12.5 million a year ago. Consolidated earnings per share was EUR 0.14 compared to EUR 0.34 a year ago. Operating cash flow was EUR 24.9 million compared to EUR 39.7 million a year ago. Free cash flow was EUR 5.8 million compared to EUR 24.3 million a year ago.

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.