DGAP-News: HMS Bergbau AG / Key word(s): Annual Results/Forecast 
HMS Bergbau AG: Renewed strong growth in 2020 
2021-06-30 / 12:35 
The issuer is solely responsible for the content of this announcement. 
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Corporate News from 30 Juni 2021 
HMS Bergbau AG: Renewed strong growth in 2020 
- Total output in 2020: +24% to EUR 267 m (previous year: EUR 215 m) 
- EBITDA 2020: TEUR 5,494 compared to TEUR 2,092 in 2019 
- Equity ratio of 25 per cent as at 31 December 2020 
- 2020: HMS Bergbau AG receives certification as a CO2-neutral company 
- Positive overall outlook 
Berlin, 30 June 2021: HMS Bergbau AG, one of the leading independent raw materials trading and marketing companies in 
Germany, today published its annual financial statements for 2020. 
The past 2020 financial year and the first two quarters of 2021 were both characterised by a variety of regulatory 
measures and restrictions due to the corona pandemic. 
Nevertheless, as an international commodity trader, we were frequently able to take advantage of related opportunities 
during the past financial year, particularly as a result of the internationalisation strategy we have been pursuing for 
a number of years and our continual expansion of our product portfolio to include other commodities such as ores (e.g. 
chrome, lithium and manganese), cement and fertilisers. 
As a result, sales in the course of 2020 were marked by the strong trading business in Asia and Africa. Total output 
amounted to EUR 267 million in the 2020 reporting period after EUR 215 million in the previous year. Some of the 
earnings figures also showed significant increases in the past financial year. Earnings before interest, taxes, 
depreciation and amortisation (EBITDA) from January to December 2020 amounted to EUR 5,494 thousand, compared to EUR 
2,092 thousand in the same period of 2019. The sale of shares in the amount of EUR 1,954 thousand (previous year: 0) 
contributed to this development. The net profit for the period as at 31 December 2020 amounted to EUR 2,810 thousand, 
compared to EUR 513 thousand for the 2019 financial year. 
Total assets also increased significantly versus the previous year from EUR 51.1 million to EUR 71.0 million as of the 
31 December 2020 reporting date. The main drivers of this increase were the build-up of trade receivables on the assets 
side of the balance sheet and the rise in current trade payables on the liabilities side. Equity improved from EUR 15.7 
million as at the 31 December 2019 reporting date to EUR 18.0 million as at the 31 December 2020 reporting date. As a 
result, the equity ratio as at the reporting date equalled approx. 25 per cent. 
The strategy of transitioning into a vertically integrated, international commodity trading group through the 
continuous expansion of business activities along the value chain was consistently pursued in the 2020 financial year. 
The most important events related to this strategy included the preparations (completed in April 2021) for the 
acquisition of a 51% stake in Maatla Resources (Pty.) Ltd (Botswana) and the steady expansion of the business and 
project development of the subsidiary Silesian Coal International Group of Companies S. A. As part of this development, 
the project company in Botswana is expected to produce and market around 1.2 million tonnes per year of its own coal 
deposits and Silesian Coal around 1.5 million tonnes per year of coking coal, which was defined by the European Union 
as a critical raw material as far back as 2014. To finance these and other activities, a bond in the amount of EUR 8 
million was placed as part of a private placement. 
Next to its operating activities, HMS Bergbau AG also considers environmental protection to be an important factor. 
Thus, the Group continued to act sustainably and responsibly during the past 2020 financial year by offsetting the 
entire administrative and internal CO2 emission of the HMS Group by investing in international climate protection 
projects that sustainably and verifiably reduce greenhouse gases. HMS Bergbau AG has been a CO2-neutral certified 
company since 2020. 
Based on the aforementioned performance, it is evident that HMS Bergbau AG has been able to further expand the tonnage 
traded despite intense price competition thanks to its international positioning. Accordingly, the HMS Group considers 
itself well positioned in the positively developing industrial and energy markets given the ever-steady rise in global 
energy consumption along with growing industrial production. 
Due to its international positioning and consistently growing range of services, the Group is expected to continue to 
generate improved results and increased sales volumes in the future. HMS Bergbau AG not only takes the Paris Climate 
Agreement positively into account in its operating activities but intends to continue to make an active contribution to 
climate protection by supporting international climate protection projects. 
For the year 2021, HMS Bergbau AG is planning to generate sales of approximately EUR 250 million and, based on a 
targeted gross margin of approximately 4 per cent, a positive EBITDA of around EUR 3 million. 
The Management Board 
About HMS Bergbau AG: 
HMS Bergbau AG, Berlin, is one of the leading independent commodity trading and marketing companies in Germany. Its 
core business is the international buying and selling of coal and raw materials such as ores, fertilisers and cement 
products. Customers include renowned international power producers and industrial consumers, to whom raw materials are 
delivered in-time worldwide. HMS Bergbau AG, which is primarily active in Asia, Africa and Europe, also develops 
first-class commodity reserves. The Company holds exploration licences for Silesian coal deposits through its Polish 
subsidiary, Silesian Coal International Group of Companies S.A. Furthermore, the Company provides complex transport 
solutions for its customers. Founded in 1995, HMS Bergbau AG is listed on the Basic Board of the Frankfurt Stock 
Exchange. 
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 
Ostergrube 11 
30559 Hannover 
T.: +49 (511) 47 40 23 00 
F.: +49 (511) 47 40 23 19 
www.gfei.ag 
Email: investors@hms-ag.com 
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2021-06-30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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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:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board) 
EQS News ID:  1213812 
 
End of News   DGAP News Service 
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1213812 2021-06-30


 
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June 30, 2021 06:36 ET (10:36 GMT)