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Company news

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.
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
August 18, 2020

HARTMANN raises forecast due to temporary effects of coronavirus pandemic

The coronavirus pandemic continued to dominate the second quarter of 2020. “During the coronavirus pandemic, the HARTMANN GROUP has lived up to its important responsibility as a company in the healthcare sector. In particular, we have largely been able to meet the increased demand for disinfectants and personal protective equipment, by making appropriate use of resources to increase production and expand sources of supply for individual product groups,” says Britta Fünfstück, CEO of the HARTMANN GROUP.
May 28, 2020

Quarterly results strengthened by increased demand due to COVID-19 – conflicting effects expected over the course of the year

The coronavirus pandemic was the defining issue for the HARTMANN GROUP in the first quarter of 2020. The business was strengthened during the period as a result of increased customer demand for disinfectants and protective equipment, as well as intensive measures to increase production capacities and the procurement of supplies despite difficulties in supply markets. HARTMANN recorded strong organic sales growth of 11.9% and a significant improvement in results as compared to the same period in the previous year. Sales revenues were at a total of EUR 603.5 million, and adjusted EBITDA was at EUR 73.6 million.
March 24, 2020

HARTMANN meets 2019 sales and earnings forecast

Against the backdrop of the expected moderate sales growth, EBIT declined to EUR 104.4 million (previous year: EUR 123.2 million), in line with the forecast range. The challenges with respect to the earnings performance are strongly related to the difficult macroeconomic conditions within the markets as well as extensive regulatory requirements. In order to counteract this challenging earnings trend, HARTMANN initiated a comprehensive, five-year strategic transformation programme in 2019.
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