HMS Bergbau AG (ISIN: DE0006061104, WKN: 606110), a leading independent commodities trading and marketing company, today published its audited financial figures for fiscal year 2025, confirming preliminary results released on April 14, 2026. The company reported a tripling of EBITDA to EUR 60.1 million (from EUR 20.1 million in the prior year) and a more than fourfold increase in net profit to EUR 54.8 million (from EUR 13.2 million). These figures were prepared for the first time under IFRS, which included positive one-time valuation effects of approximately EUR 37 million from the initial consolidation of Maatla Resources (Pty.) Ltd., a coal mine in Botswana.
Group sales declined to EUR 1.22 billion from EUR 1.36 billion, attributed to lower commodity prices. Despite this, the company’s EBITDA exceeded the preliminary figure of EUR 59.4 million. For fiscal year 2026, HMS expects group sales of EUR 2 billion and EBITDA of EUR 55 million, which includes a one-time valuation effect of roughly EUR 20 million from consolidating Hoshoza Resources Vryheid in South Africa. Excluding this special effect, adjusted EBITDA is forecast to rise from EUR 23.1 million in 2025 to EUR 35 million in 2026.
HMS Bergbau has positioned itself for further growth through strategic decisions in 2025, expanding into liquid fuels, raw material production, and traditional trading. These moves have transformed the company into a fully integrated, internationally oriented commodity house along the entire value chain, moving beyond coal trading. The full annual report for 2025 is available for download on the company's website at www.hms-ag.com in the Investor Relations section.
The company invites investors and media to a webcast on July 6, 2026, at 3:00 p.m. CET, featuring CEO Dennis Schwindt and CFO Jens Moir. They will present the 2025 financial results and 2026 outlook, followed by a Q&A session. Registration is available at this link. HMS also noted that due to current market conditions in the mid-cap bond market, it has suspended its bond issuance but remains in close contact with investors.
