H&R WASAG AG posts record result for first nine months

EBITDA up 55.5% to a record high of €79.3 million

16-Nov-2010 - H&R WASAG AG’s operating result (EBITDA) reached an all-time high of €79.3 million in the first nine months of 2010 as revenue soared by 47.9% to €805.8 million. As well as exceeding the previous year’s nine-month figure of €51.0 million by 55.5%, this also overtook the full-year result for 2009, ...

H&R WASAG AG posts record result for 1st half of 2010

17-Aug-2010 - H&R WASAG AG benefited considerably from the economic recovery in the 1st half of 2010 and is continuing on its growth path for the full year. While sales revenue climbed by over 60 per cent to €537.9 million, the company more than doubled its earnings per share to €0.88. EBITDA soared by 53.9% ...

H&R WASAG AG with a good start in financial year 2010

Largest single investment in the company's history starts in May

07-Apr-2010 - H&R WASAG AG has made a very good start in the current financial year, is investing substantially in future growth and is confident of being able to surpass the operating earnings from the previous year in 2010. The executive board confirmed this forecast in the supervisory board meeting of 25th ...

H&R WASAG increases capacities for non-labelled mineral oil specialities

03-Mar-2008 - After many years of negotiation, H&R WASAG AG has succeeded in significantly expanding its capacities for non-labelled mineral oil specialities (especially plasticizers for the rubber and tyre industries). H&R WASAG has agreed a long-term production partnership with a partner in South-East Asia ...

H&R WASAG expands in Asia

19-Jun-2007 - The H&R WASAG Group is expanding its presence in Asia through the acquisition of a further location from the ExxonMobil oil group. The purchase comprises a plant to produce wax emulsions in Malaysia that are distributed around the entire Asian region. This allows H&R WASAG to strengthen its core ...

H&R WASAG: Sale of explosives division boosts revenues and financial statements figures overall

Extraordinary revenue of approximately EUR15 million

12-Jun-2007 - According to provisional figures, the H&R WASAG group's sale of the explosives division in April generated extraordinary earnings of about EUR15 million. This inflow of funds is having a positive impact on the key figures in the financial statements. According to provisional figures, net ...

H&R WASAG sells explosives activities to Maxam/Pravisani

Focus on chemical-pharmaceutical specialty products intensified

30-Apr-2007 - H&R WASAG AG has sold its Explosives Division to the Spanish-Italian Explosives group Maxam/Pravisani. The share purchase agreement was signed and entails the immediate transfer of shares in the Group companies Westspreng GmbH and WANO Schwarzpulver GmbH. The purchase price is based upon an ...

H&R WASAG: Sales and profits reached record level

15-Aug-2006 - In the second quarter, the H&R WASAG Group continued the development of the previous months. This was reflected in a reacceleration of growth compared with the first quarter. ''Current conditions are allowing us the first time to realize almost the entire profit potential of the Group,'' where ...

H&R WASAG AG: Restructuring of activities in the UK

15-Aug-2005 - H&R WASAG will be introducing a new organization to the business in UK that was taken over from BP as of January 2004. In the UK, the group is selling chemical-pharmaceutical specialty products and is operating two conversion facilities (mixing and filling plants). Due to the shutdown of a BP ...

Cartel office agrees to takeover of ExxonMobil facilities in Australia

21-Apr-2005 - The takeover of the chemical pharmaceutical specialty business of ExxonMobil in Australia by the H&R WASAG group is now legally valid. The Australian cartel office (Australian Competition and Consumer Commission - ACCC) has issued its approval of the acquisition of the activities which will be ...