Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
HHDC.CO - H+H International A/S
Q1 2026 H+H International A/S Earnings Call
May 13, 2026 / 08:00PM GMT
=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Minus 15%, and then this also leads to an EBITDA of zero.
And so that is nothing that got us out of the blue, was expected, but certainly impacted it and lead to a fairly weak start into the year. But then also you can see is the gearing went up to a level of four.
It's a high number, but what's important is it's in line with our banking agreement, so from that point also under control and managed.
Next to weather, in February, the war in Iran started. Also, this has an impact on our business. In what way? Luckily, not so much on the raw materials side as we are sourcing locally, but certainly the energy prices started rising.
We are hedged. That's a good thing, but not fully. And so we need to
