DGAP-News: HMS Bergbau AG expands Executive Board


HMS Bergbau AG / Miscellaneous

05.07.2010 08:28 

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
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Corporate News dated July 5, 2010

HMS Bergbau AG expands Executive Board 

+++ Rüdiger Lorentz appointed as Executive Board member for the Trade
division
+++ Annual financial statements 2009 published
+++ Outlook: Sales and earnings are expected to increase significantly 

Berlin, July 5, 2010: The Supervisory Board of HMS Bergbau AG, an
international coal trading company with operating know-how in mining,
transporting, processing and trading coal, has appointed Rüdiger Lorentz as
an additional Executive Board member with effect from 1 July 2010. Mr
Lorentz, born in 1963, has been working for HMS Bergbau AG since 2005, most
recently as Director in the Trade division. He will assume responsibility
for the operating Trade division, taking over from CEO Heinz Schernikau.

CEO Heinz Schernikau will retain responsibility for the divisions Company
Development, Strategy and Group Management.

As well as expanding its Executive Board, HMS Bergbau AG has published its
annual financial statements 2009. Figures for 2009 confirm the preliminary
key figures published in January. The Group's total performance decreased
to EUR 73.7 million, mainly due to the steep drop in coal prices. EBIT
amounted to EUR 0.4 million (previous year: EUR 1.5 million). The Group
annual result was EUR 0.1 million (previous year: EUR 0.7 million). This
results in earnings per share of EUR 0.03.

'HMS Bergbau AG, like many other companies, was not able to escape the
effects of customers' serious reluctance to buy coal due to the global
financial and economic crisis in 2009, decreasing trading volumes as a
result of the economic situation and dropping coal prices. In view of these
typical market developments, we used financial year 2009 to further
implement our sustainability strategy. Overall, we came one large step
closer to achieving our strategic goal - transforming HMS Bergbau AG from a
coal trading company into an international group that mines, transports,
processes and trades coal. In view of these developments and also
considering that order backlog was at a five-year high at the end of 2009,
we therefore expect operating profits in 2010 to be significantly up year
on year. The global economy is starting to pick up again. This should have
an additional positive effect on our operations,' says Heinz Schernikau,
CEO of HMS Bergbau AG.


About HMS Bergbau AG:
Berlin-based HMS Bergbau AG is an independent coal trading house
specializing in just-in-time deliveries of thermal coal to power plants and
other industrial consumers. The company is one of the leading coal trading
companies in Germany and markets its products to renowned consumers
worldwide. HMS is actively expanding its activities to span coal production
and logistics solutions primarily in Asia and Eastern Europe. In addition,
the company is developing environmental technologies, in particular
concerning underground CO2 capture and storage (CCS technology). HMS has
been listed at Germany's Frankfurt Stock Exchange since December 2008.


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
Hamburger Allee 26-28
60486 Frankfurt am Main
T.: +49 (69) 74 30 37-00
F.: +49 (69) 74 30 37-22
Email: investors@hms-ag.com





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