HMS Bergbau AG (ISIN: DE0006061104, WKN: 606110) published its audited financial figures for fiscal year 2025 on June 30, 2026, revealing significant earnings growth. The EBITDA tripled to EUR 60.1 million from EUR 20.1 million in the previous year, while net income surged more than fourfold to EUR 54.8 million, compared to EUR 13.2 million. These final figures largely confirm the preliminary results released on April 14, 2026, and were prepared for the first time under IFRS accounting standards, limiting direct comparability with prior periods.
The transition to IFRS contributed positive one-time valuation effects of approximately EUR 37 million, primarily from the initial consolidation of Maatla Resources (Pty.) Ltd., a coal mine in Botswana. Group sales decreased from EUR 1.36 billion to EUR 1.22 billion due to lower commodity prices. However, the company expects a strong rebound in 2026, with projected group sales of EUR 2 billion and EBITDA of EUR 55 million. This includes a one-time valuation effect of around 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 AG made key strategic decisions in 2025 to expand into liquid fuels, raw material production, and traditional trading, positioning itself as a fully integrated, internationally oriented commodity house along the entire value chain. The full annual report for 2025 is available 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, where CEO Dennis Schwindt and CFO Jens Moir will present the 2025 financial ratios and 2026 outlook. Registration is available via this link. HMS also announced the suspension of its current bond issuance due to market conditions but remains in close contact with investors.
