HMS Bergbau AG

HMU

Equity

ISIN DE0006061104 / Valor 4892890

Xetra (2026-10-09)

EUR 35.70-3.25%

HMS Bergbau AG
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

HMS Bergbau AG is a Germany‑registered mining company organized as an Aktiengesellschaft that acquires, develops and manages mineral assets and related businesses. Its activities center on identifying and operating mining projects—overseeing exploration, extraction and project development—and on arranging the commercial handling and logistics of produced raw materials, while consolidating and investing in complementary assets within the mining value chain. The company functions as an operational and holding vehicle for mining interests rather than as a consumer-facing or technology business.

Summarized from source with an LLMView SourceSector: Energy

Revenue jump

Revenue increased ~71% from EUR 643 million (H1 2025) to about EUR 1.1 billion in H1 2026.

EBITDA and one‑offs

Headline EBITDA (including one‑off items) was EUR 22.5 million (H1 2025: EUR 8.3 million). Positive one‑off effects of EUR 8.4 million relate to consolidation of Hoshoza Resources Vryheid; adjusted EBITDA (ex‑one‑offs) was EUR 14.1 million.

Accounting comparability

H1 2026 figures are prepared under IFRS and are only partially comparable with H1 2025, which was prepared under the German Commercial Code (HGB).

Trading performance

Strong trading in bulk products and liquid fuels; March and April were record months for tonnage handled. Metal ores activities were significantly expanded.

Mining developments

Production started at HMS coal mines in South Africa and Botswana during H1 2026; both are expected to reach full production in 2026 and contribute materially to earnings going forward.

Off‑take deal

HMS signed an exclusive off‑take agreement for the Langpan chromite project in South Africa for at least eight years, covering the project's entire output.

Guidance confirmed

HMS confirmed its 2026 full‑year forecast: turnover expected to rise to EUR 2 billion and adjusted EBITDA to increase to EUR 35 million (from EUR 23.1 million in 2025). The additional impact from ongoing Hoshoza activities remains uncertain.

Report availability

The full, audited half‑year report will be available for download from 30 September 2026 on HMS Bergbau AG’s Investor Relations website (www.hms-ag.com).

Summarized from source with an LLMView Source

Key figures

-26.2%1Y

66.8%3Y

66.8%5Y

Performance

27.6%1Y

40.4%3Y

32.2%5Y

Volatility