H+H International A/S
Quarterly report

H+H International A/S - Interim financial report Q1 2013

Company Announcement No. 285, 2013

Copenhagen, Denmark, 2013-05-22 07:57 CEST (GLOBE NEWSWIRE) --

H+H International A/S
Dampfærgevej 3, 3rd Floor
2100 Copenhagen Ø
Denmark
Telephone: +45 35 27 02 00
www.HplusH.com

Key figures for the period 1 January - 31 March 2013

-- First-quarter revenue was DKK 233 million (2012: DKK 273 million).

-- First-quarter EBITDA was a negative DKK 6 million (2012: a positive DKK 4
million).

-- The quarter brought a loss before tax of DKK 36 million (2012: loss of DKK
31 million).

-- Equity at 31 March 2013 was DKK 346 million.

-- Net interest-bearing debt at 31 March 2013 was DKK 615 million.

-- Following the conclusion of negotiations with the unions, it has been
decided to close H+H Finland Oy’s factory in Ikaalinen in order to boost
overall competitiveness and optimise the capacity utilisation of H+H’s
other...