Corporate News of September 30, 2021 – HMS Bergbau AG: solid half-year result in a difficult market environment

  • Total production 1HY 2021: + 27.3% to 164.9 million euros
  • EBITDA 1st half 2021: 944 EURthousands after 552 thousand euros at 1HY 2020
  • Equity ratio of 24.7% as of June 30, 2021
  • 2021: HMS Bergbau AG again certified CO2-friendly society
  • Overall positive outlook

Berlin, September 30, 2021: HMS Bergbau AG, one of the leading independent commodity trading and marketing companies in Germany, today released its half year report 2021.

In a pandemic market environment characterized by successful international vaccination campaigns and strong effects of global economic recovery, demand for raw materials has also developed positively. As a result, commodity prices have steadily increased in the first eight months of current 2021, sometimes reaching new records.

In this difficult market environment, we, as an international commodity trader, were able to further expand our trading activities in the commodities coal, metal ores, lithium and beryllium, as well as in the cement and fertilizer sectors in during the first half of 2021. At the same time, we have strengthened the trading activity operated by HMS Bergbau AG in Asia and Africa, where the Group again generated more than 90% of its traded volumes.

Overall, the Group’s total production in the first six months of 2021 increased by 27.3% compared to the same period of the previous year. Besides the increase in turnover from 35.4 million euros to around 164.9 million euros, due to higher volumes and price increases, the profit situation also improved. EBITDA in the first half of 2021 was approximately 944 thousand euros, compared to 552 thousand euros in the first half of 2020. The capital ratio was strong at 24.7% as of June 30, 2021.

As part of our strategy to become a vertically integrated international commodities trading group, we acquired a 51% stake in Maatla Resources (Pty.) Ltd, a project company in Botswana, in April 2021. In addition to deepen the value chain by extracting its own raw material deposits amounting to 1.2 million tonnes of coal per year, HMS Bergbau AG also obtained the global marketing rights after the mine was commissioned.

In addition, a bond in the amount of 8 million euros was placed within the framework of a private placement. The proceeds of this placement must be invested primarily in operating activities as well as in the development of new and existing projects.

The HMS Bergbau AG group will continue to operate in a sustainable and responsible manner in 2021. As in the previous year, the entire HMS group has compensated its administrative and internal operating CO2 by investing in international climate protection projects. The Group’s goal is to reduce greenhouse gases on a sustainable basis, which has earned HMS Bergbau AG the CO certification2friendly company since 2020. To achieve this goal, HMS Bergbau AG takes the Paris Climate Agreement into account in the conduct of its operational activities and will also continue to actively contribute to climate protection by supporting international climate protection projects. weather.

The HMS Group believes that it is well positioned with its global activities with an on-site presence in a market where global energy consumption is constantly increasing. China, Indonesia and India will continue to be major consumers of coal. Coal tends to provide flexible power generation and supply for these developing countries, without which less prosperity and economic growth could be achieved.

Overall, the management of HMS Bergbau AG considers the medium-term outlook to be positive. As a result, the Group aims to increase profits and sales volumes in the years to come.

Board of directors

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