Deutsche Rohstoff AG

Deutsche Rohstoff Group today published its Q3 2022 report, confirming the figures already announced. In the first 9 months of 2022, revenues of EUR 118.2 million , earnings before interest, taxes, depreciation and amortization of EUR 102.3 million and consolidated net income of EUR 52.6 million were achieved. The report is now available on the [...]

Deutsche Rohstoff AG: Redemption of 127,810 repurchased shares and respective capital decrease Mannheim. The Management Board of Deutsche Rohstoff AG has resolved, with the consent of the Supervisory Board, using the authorization of the Company's Annual General Meeting of 28 June 2022, to redeem 127,810 own shares, which were acquired in the [...]

Deutsche Rohstoff AG's oil and gas activities are progressing according to plan. Existing production is delivering the expected results, while at the same time numerous wells will start production according to plan and new drilling programs will be launched in the coming months. The strong operational development secures the forecast for 2022 and [...]

Deutsche Rohstoff AG announced the appointment of a new Chief Financial Officer. The position will be taken over by Mr. Henning Doering as of 1 October 2022. After Thomas Gutschlag left the Executive Board at the end of June, Jan-Philipp Weitz had since then performed the tasks of CEO and CFO in personal union. Henning Doering, 45, began his [...]

Net profit EUR 32.5 million/Equity up by EUR 44.6 million/Operating cash flow at EUR 62,6 million Mannheim. According to the final, unaudited half-year figures, the Deutsche Rohstoff Group generated sales of EUR 72.2 million, EBITDA of EUR 64.0 million and consolidated net income of EUR 32.5 million in the first half of the year. Operating cash [...]

According to preliminary figures, the Deutsche Rohstoff Group generated consolidated net income of EUR 32.5 million in the first half of 2022 . This corresponds to EUR 6.36 per share. Revenues amounted to EUR 72.2 million and EBITDA to EUR 64.0 million. Production in the second quarter was 10,890 BOEPD per day, compared with 7,880 BOEPD in the [...]

This year's Annual General Meeting of Deutsche Rohstoff AG, which took place today as a virtual meeting, passed all proposed resolutions with a large majority. Please note, that all information regarding the AGM are only available in German. The Annual General Meeting elected Dr. Thomas Gutschlag, Martin Billhardt and Dr. Werner Zöllner to the [...]

The Deutsche Rohstoff Group achieved a net income of EUR 12.8 million in the first quarter. At EUR 28.1 million, sales were significantly higher than in the previous year. EBITDA jumped to EUR 25.2 million in the first quarter, also higher than in the previous year. The quarterly report is now available on the company's website. The result is based [...]

Deutsche Rohstoff AG has entered into a term sheet with Australian company SensOre to jointly evaluate early-stage lithium exploration projects in Western Australia. SensOre is pursuing a novel exploration approach that combines artificial intelligence technology, big data and geosciences knowledge. SensOre aims to become the global leader in [...]

In fiscal year 2021, the Deutsche Rohstoff Group generated sales of EUR 73.3 million, earnings before interest, taxes, depreciation and amortization of EUR 65.9 million and consolidated net income of EUR 26.1 million. Sales and EBITDA are thus in line with the increased forecast published in January. Overall, the forecast was raised three times [...]