September 17, 2014 10:44 AM ET

Metals and Mining

Company Overview of Heraeus Holding GMBH

Company Overview

Heraeus Holding GmbH operates as a precious metals and technology company in Germany and internationally. Its Precious Metals business group processes gold, silver, and platinum group metals primarily for use in the manufacture of industrial products for the automotive, semiconductor, electronics, and medical industries. It is also involved in industrial precious metal trading activities. This group serves the environmental, mobility, communications, energy, and health care sectors. The company’s Materials and Technologies business group develops and manufactures high-tech industrial products from gold, silver, and platinum-group metals, as well as high-melting-point non-precious refractory ...

Heraeusstrasse 12 – 14

Hanau,  63450

Germany

Founded in 1851

Phone:

49 61 8135 5100

Fax:

49 61 8135 4242

Key Executives for Heraeus Holding GMBH

Vice Chairman of Management Board
Age: 45
Member of Board of Management - Heraeus Precious Metals
Age: 58
Member of Board of Management of Heraeus Quarzglas
Age: 53
Member of Board of Management - Heraeus Quarzglas
Age: 57
Member of Board of Management of Heraeus Kulzer
Age: 53
Compensation as of Fiscal Year 2014.

Heraeus Holding GMBH Key Developments

Heraeus Reports Financial Results for the Year 2013

Heraeus reported financial results for the year 2013. For the year, product revenue was €3,578 million against €3,979 million for the same period of last year. Precious metals trading revenue was €13,462 million against €15,989 million for the same period of last year. EBIT was €256 million against €360 million for the same period of last year. Net income was €454 million against €237 million for the same period of last year. Capital expenditures were €141 million against €126 million for the same period of last year. Heraeus had total product revenue was 10% less than in 2012. However, this outcome was greatly influenced by precious metals price effects. Adjusted for these effects, revenues for 2013 show a slight increase, up by 2% over the previous year. Weak industrial demand for platinum, gold and silver pulled precious metals trading revenue down. Operating results fell by 29% mainly attributable to continued stagnation in the photovoltaics market, one-time effects of restructuring measures, and expenditures for the IT-based Magellan process harmonization program. By contrast, the annual result for the Heraeus Group was distinctly positive, reflects proceeds from the sale of the Heraeus Dental business group during the past financial year.

Heraeus Mulls Acquisitions

Holding GMBH is looking for acquisitions. The company intends to continue to grow through acquisitions. Jan Rinnert of Heraeus said, “We intend to continue balancing our technology portfolio through purchases and to open interesting new markets.”

Heraeus Photovoltaics Presents at 2013 Silver Industrial Conference, Oct-22-2013

Heraeus Photovoltaics Presents at 2013 Silver Industrial Conference, Oct-22-2013 . Venue: Capital Hilton Hotel, Washington, District Of Columbia, United States. Speakers: Andy London.

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