HMS Bergbau AG Reports Strong Financial Results for 2024

In its 2024 fiscal report, HMS Bergbau AG, a prominent commodity trading firm in Germany, announced a significant increase in its financial achievements. The company's EBITDA rose dramatically by 28.1% to EUR 20.1 million, surpassing earlier forecasts. Net income increased by 6.5%, reaching EUR 13.2 million. Sales also grew by 5.2%, totaling EUR 1.36 billion, illustrating strong market performance.

Strategic actions included securing a substantial credit line with Vietcombank, supporting long-term trade financing. The rising coal demand, notably from India, has fueled this growth. Despite geopolitical uncertainties, HMS Bergbau AG projects stable EBITDA and expects 2025 sales to rise to EUR 1.5 billion. The full report is available at the firm's website.