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DGAP-News: HMS Bergbau AG published business figures for 2013 and Q1 2014

June 27, 2014

DGAP-News: HMS Bergbau AG / Key word(s): Final Results HMS Bergbau AG published business figures for 2013 and Q1 2014 27.06.2014 / 21:05 --------------------------------------------------------------------- Corporate News from 27 June 2014HMS Bergbau AG published business figures for 2013 and Q1 2014 - 2013: Group revenues +31.7% to EUR 118,283 thousand - 2013: Consolidated net earnings of EUR -5,074 thousand influenced by one-off effects - Q1 2014: Sales up by 150% to EUR 36.3 million - Q1 2014: EBITDA EUR 0.9 million after EUR 0.3 million in Q1 2013 - Positive outlook for 2014 and 2015 Berlin, 27 June 2014: HMS Bergbau AG, an international coal supplier with operating know-how of coal mining, transport and trade, has published its figures for financial year 2013 and the first quarter of 2014. The financial year 2013 was characterised by a series of structural changes as well as the consistent strengthening of HMS' trading and marketing business in the Asian and African coal markets. These activities are also reflected in the figures for 2013. The increase in the coal quantity traded in Asia and Africa led to a 31.7% rise in revenues, from EUR 89,846 thousand in 2012 to EUR 118,283 thousand in 2013. EBITDA amounted to EUR minus 3,105 thousand after EUR 1,476 thousand in the comparable previous year's period. The consolidated net loss for the year, which amounted to EUR 5,074 thousand (2012: net profit for the year of EUR 209 thousand), was the result of a series of one-off effects, such as depreciation and amortisation, consulting expenses and one-off impairments due to various structural changes within the Group. Among other effects the sale of the port operations influenced the balance sheet total which amounted to EUR 15,461 thousand on 31 December 2013 (previous year: EUR 19,324 thousand) and equity which came to EUR 2,703 thousand (previous year: EUR 6,679 thousand). The high liquidity amounting to EUR 3,469 thousand (previous year: EUR 796 thousand) at the end of the year 2013 represents a solid basis for the current business operations. First quarter 2014 Revenues rose by a considerable 150% to EUR 36.3 million compared toprevious year with EUR 14.5 million. EBITDA for the first three months of the year was also up by a significant amount, increasing by EUR 0.6 million to EUR 0.9 million over first three months 2013. Revenues in 2013 and the figures for the first three months of 2014 are showing the first positive results of the implemented. Additional significant coal supplies are expected to generate rising revenues over the next two financial years. The vertical integration in our commercial transactions will lead to slightly higher margins. Given the forecasted positive trend and without the one-off effects of 2013, HMS forecasts positive EBITDA and annual results for for the upcoming periods. "Following the conclusion of "upheaval year" 2013, our high liquidity and our more than positive prospects in particular give us reason to look to the future with optimism. This includes the new growth potential for overseas trade in Asia, the existing coal marketing contracts, especially in South Africa, as well as the conclusion of further exclusive marketing agreements with coal producers. And last but not least, we see significant potential in our development of the mining area in Silesiawith over 1 billion tonnes of geological high quality coking and steaming coal resources," commented Heinz Schernikau, CEO of HMS Bergbau AG. The annual report of HMS Bergbau AG can now be downloaded at www.hms-ag.com. The Management Board About HMS Bergbau AG: Berlin based HMS Bergbau AG is one of the leading and independent coal trading houses in Germany specialising in international purchase and sale of coal to power plants and other industrial consumers worldwide. HMS is actively expanding its activities to Asia, Africa and Poland and develops first class raw material resources. Moreover HMS takes over complete, full-service transport solutions for their clients. HMS has been listed on Germany'sFrankfurt Stock Exchange (entry standard) since December 2008. Contact: Company contact: HMS Bergbau AG An der Wuhlheide 232 12459 Berlin T.: +49 (30) 65 66 81-0 F: +49 (30) 65 66 81-15 Email: info@hms-ag.com URL: www.hms-ag.com HMS Investor Relations contact: GFEI Aktiengesellschaft Am Hauptbahnhof 6 60329 Frankfurt am Main T.: +49 (69) 74 30 37-00 F.: +49 (69) 74 30 37-22 Email: investors@hms-ag.com End of Corporate News --------------------------------------------------------------------- 27.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: HMS Bergbau AG An der Wuhlheide 232 12459 Berlin Germany Phone: 030 65 66 81-0 Fax: 030 65 66 81-15 E-mail: hms@hms-ag.com Internet: www.hms-ag.com ISIN: DE0006061104 WKN: 606110 Listed: Freiverkehr in Berlin, DÜsseldorf; Frankfurt in Open Market (Entry Standard) End of News DGAP News-Service --------------------------------------------------------------------- 275689 27.06.2014


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Source: DGAP Corporate News


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