DGAP-News: HMS Bergbau AG: Sales and earnings increase significantly in financial year 2010

DGAP-News: HMS Bergbau AG / Key word(s): Final Results
HMS Bergbau AG: Sales and earnings increase significantly in financial
year 2010

11.07.2011 / 08:00

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Corporate News dated July 11, 2011

HMS Bergbau AG: Sales and earnings increase significantly in financial year
2010

- Group sales revenues of EUR 151,720 thousand (+106%)
- Group EBIT amounts to EUR 2,221 thousand (+409%)
- EUR 364 thousand in Group net profit (+253%)
- Buyback of strategic investments in Indonesia

Berlin, July 11, 2011: HMS Bergbau AG, an international coal supplier with
operating know-how of coal mining, transport and trade, has published its
figures for 2010.

The majority of sales and earnings key figures more than doubled during
financial year 2010. Group sales revenues went up by EUR 78,011 thousand or
106%, from 73,709 thousand year-on-year to EUR 151,720 thousand. Soaring
sales mainly resulted from trading volumes increasing significantly and
coal prices rising at the same time. Group EBIT before extraordinary
expenses went up from EUR 437 thousand to EUR 2,221 thousand, corresponding
to a rise of EUR 1,784 thousand or 409%. Group net profit also increased
considerably by EUR 261 thousand or 253%, from EUR 103 thousand to EUR 364
thousand. As of 31 December 2010, earnings per share increased from EUR
0.03 to EUR 0.09 (number of shares: 4,000,000).

'Apart from the general economic recovery, HMS Bergbau AG managed to
generate profits, particularly on account of its operating successes and
strategic positioning in the most important Asian coal mining regions. This
positive trend continued at the beginning of 2011. Orders received from the
Asian market reached a new high, reflecting our growth potential and the
acceptance of HMS Group as a reliable business partner in Asia. By
vertically integrating business transactions and coal marketing via our
harbour operations in Indonesia, we plan to increase our sales and
operating margin in the long term. We are therefore looking forward to the
coming years with confidence,' commented Heinz Schernikau, CEO of HMS
Bergbau AG.

In response to the authorization issued at the statutory shareholders'
meeting on 12 October 2009, the Executive Board of HMS Bergbau AG resolved,
with the approval of the Supervisory Board, to buy back own shares on the
stock exchange, and will implement this resolution as from the publication
of this Corporate News. The authorization is valid until 11 October 2014
and provides for the buyback of up to 10% of share capital (share capital
at the time of the authorization: EUR 4,000,000 divided into 4,000,000
shares). Bought back shares can be used for all purposes described in the
authorization resolution of the statutory shareholders' meeting on 12
October 2009.

HMS Bergbau AG currently does not hold any own shares.

'The share buyback will provide us with additional leeway to carry out
further strategic investments in Indonesia, independent of the capital
market,' explained Sebastian Giese, CFO 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. 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
Am Hauptbahnhof 6
60329 Frankfurt am Main
T.: +49 (69) 74 30 37-00
F.: +49 (69) 74 30 37-22
Email: investors@hms-ag.com


End of Corporate News

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11.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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131399 11.07.2011