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Company news

Heidenheim, 11 August 2023

First half of 2023: earnings above prior-year period, exceeding expectations - Outlook for financial year 2023 confirmed

In the first six months of financial year 2023, the HARTMANN GROUP generated sales revenues of EUR 1,165.3 million. This corresponds to moderate organic sales growth of 3.6% compared to the same period of the previous year. Some markets relevant to HARTMANN are still performing below pre-pandemic levels. Adjusted EBITDA amounted to EUR 92.7 million, an improvement of EUR 4.2 million compared to the same period of 2022.
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April 28th, 2023

HARTMANN: negative impact on earnings continues in the first quarter of 2023 due to high additional material costs and reduced market demand

The first quarter of 2023 saw a continuation of the sales and earnings levels of the previous two quarters as the business continued to be characterized by high additional material costs and reduced market demand. In particular, demand for disinfection products remained below pre-pandemic levels. Inflation also led to reduced purchasing power, which strongly impacted the development of demand for branded consumer goods.
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June 21st, 2022

HARTMANN and GWA Hygiene enter into strategic partnership for digital health solutions

Since the beginning of the COVID 19 pandemic at the latest, it has been known how important good hand hygiene is. The digital NosoEx® system from GWA Hygiene provides targeted support for nurses, doctors and hygienists. As part of its digital approach, HARTMANN will begin distributing the hygiene solution for healthcare facilities, thereby strengthening its Mission: Infection Prevention program.
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April 29, 2022

HARTMANN starts 1st quarter with lower earnings

The rising costs of materials, transportation, and energy, already on the rise since last year, significantly impacted HARTMANN's business performance in the first three months of 2022. The outbreak of the Russian-Ukrainian war exacerbated this development even further. By contrast, for the first time since its outbreak, the coronavirus pandemic no longer had a significant impact on business development. No positive effects materialized as a result of the extraordinary economic situation caused by the pandemic and the market gradually returned to normal, albeit at a reduced level.
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March 22, 2022

Financial year 2021 characterized by coronavirus and progress in the Transformation Program

The 2021 financial year was again dominated by the strong impact of the coronavirus and progress with the Transformation Program. The expected decline in key financial figures is mainly due to the pandemic. The pandemic-related extraordinary demand for disinfectants and personal protective equipment subsided as our customers meanwhile had large supplies on stock. There continued to be a reduced market with low bed occupancy rates in medical facilities and only a gradual increase in the number of surgeries and visits to doctors and pharmacies. Significantly higher material and transport costs also had an impact. By contrast, the strategic Transformation Program had a very positive impact on Group earnings.
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November 9, 2021

Sales and earnings continue to decline

The coronavirus pandemic continued to have a significant impact on HARTMANN's business development in the third quarter of 2021. Across all business segments, the Company generated revenue of EUR 1,704.9 million in the first nine months of the 2021 financial year. This equates to a moderate organic decline in revenue of -5.6% compared to the same period of the previous year. This means that the development of sales has been declining for three quarters in a row. In the third quarter of 2021 alone, profitability is at its lowest level in three years due to pandemic-related economic conditions in the market.
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August 11, 2021

HARTMANN’s sales and earnings decline compared with previous quarters, as expected

The impact of the coronavirus pandemic on the HARTMANN GROUP's business development did not significantly diminish in the first six months of financial year 2021. The positive effects resulting from the pandemic, which were clearly visible in 2020, declined considerably, in particular, the demand for disinfection products and personal protective equipment. At the same time, the pandemic’s negative effects have largely persisted. Also, rising raw material, freight and logistics costs had a negative impact on the development of the business segments.
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March 23, 2021

Covid-19 has an overall strong positive impact on fiscal year 2020 - declining earnings expected in 2021 with high forecast uncertainty - German/English version of press release in the link

The year 2020 was significantly affected by its transformation program and the Covid-19 pandemic. The improvement in key financial figures, with considerable organic sales growth and a strong increase in earnings, is mainly due to temporary effects of the pandemic. There is a high degree of forecast uncertainty for 2021 as the further development of the pandemic remains unclear. German/English version of press release in the link: Fiscal Year 2020
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