HMS Bergbau AG reported earnings results for the six months of 2019. Despite the relatively difficult market conditions, the company was able to increase its volumes and its gross margins through its international business activities. Total output in the first six months of the current 2019 financial year amounted to EUR 117 million in comparison to EUR 140 million in the same period of the previous year. Despite the decline in sales, a slightly higher operating result was achieved in the first half of 2019 in comparison to the same period in the prior year. In the months from January to June 2019, the operating result amounted to EUR 751,000 compared to EUR 738,000 in the same prior-year period. Net profit for the period as at 30 June 2019 also increased slightly to EUR 319,000 compared to EUR 128,000 (excluding non-recurring effects from the sale of an investment in the amount of EUR 1,098,000) as at 30 June 2018.

The company's international positioning and ever-expanding range of services have fuelled the company's steady development in recent years. Based on these, the aim is to generate higher sales and earnings in the future. To accomplish this, the management will systematically pursue its chosen path in the current financial year and is forecasting a slight increase in volumes in the 2019 financial year. The gross margin and net profit are expected to match the levels achieved in the 2018 financial year.