HMS Bergbau AG announced earnings results for the six months ended June 30, 2018. For the period, the company financial year rose by around 35% year-on-year to EUR 141.0 million (previous year: EUR 104.2 million). EBITDA advanced to EUR 1,668,000 in the reporting period from EUR 709,000 in the comparable prior year period. At the same time, the result from ordinary business activities increased from EUR 511,000 in the first half of 2017 to EUR 1,236,000 in the first half of 2018. Net profit for the period increased as of 30 June 2018 to EUR 1,226,000 after EUR 495,000 as of 30 June 2017.

The Management Board therefore confirms its forecast for the 2018 financial year for a positive net profit, which is anticipated to be at a similar operating level to the result in the 2017 financial year.