Germany's H&R Group Q1 net profit up on demand and stable margins

摘要

LONDON (ICIS)--First quarter attributable net profit rose to ?13.5m in the first quarter from ?4.8m in the similar period of 2015 on higher demand and stable margins, Germany-based specialty intermediates maker H&R Group said on Friday. The earnings increase was driven by a significant year on year profit improvement from the company’s Chemical-Pharmaceutical Raw Materials Refining segment which drove earnings before interest, tax, depreciation and amortisation (EBITDA) to ?20.9m from ?9.8m.