• H&R flagged Q2 operating earnings far above expectations, lifting the likelihood of hitting its 2026 EBITDA floor of EUR 85 million by mid-year.
• Stronger demand, firmer pricing in selected product groups drove the upside, with base oils, solvents tight amid Persian Gulf disruptions.
• Restrictions on supply routes via the Strait of Hormuz boosted scarcity, supporting volumes, pricing, and H&R’s positioning as a reliable supplier.
• Warned H2 earnings could weaken if geopolitics ease, routes reopen, customer demand normalizes, or crude prices drop sharply, hitting inventory values.
• Updated full-year earnings outlook due with the half-year report in mid-August 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. H&R GmbH & Co KgaA published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2356286_en) on June 29, 2026, and is solely responsible for the information contained therein.