Heckler & Koch GmbH Financial Statements - Page 30
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  1. #291
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    June 23, 2016

    Court orders Germany to decide on gun exports to Saudi Arabia

    A German court on Thursday ordered the government to decide whether to allow gunmaker Heckler & Koch to export parts to Saudi Arabia, handing a victory to the arms manufacturer which applied for a permit more than two years ago.

    A German court on Thursday ordered the government to decide whether to allow gunmaker Heckler & Koch to export parts to Saudi Arabia, handing a victory to the arms manufacturer which applied for a permit more than two years ago.

    Heckler & Koch, one of the world’s most successful gun makers, filed a complaint last year against the government for delaying its decision on licencing the export of parts needed to manufacture its G36 assault rifle in Saudi Arabia.
    Angela Merkel’s government in 2008 approved the lucrative licensing deal that allows Saudi Arabia to produce the G36, despite concerns about human rights abuses in the Gulf kingdom.

    The government changed its approach on arms exports two years ago following a storm of media criticism, and in January Economy Minister Sigmar Gabriel said Germany may look harder still at its arms exports to Saudi Arabia after the biggest mass execution there for decades.

    Saudi Arabia executed 47 people in a single day in January, including a prominent Shi’ite Muslim cleric alongside dozens of members of the Sunni militant group al Qaeda.

    Saudi Arabia has defended its human rights record, saying its legal system is based on Islam, its judiciary is independent and it denies using torture.

    Frankfurt’s Administrative Court ruled on Thursday that the Federal Office for Export Control (BAFA) must now decide one way or another on the Heckler & Koch case.

    “It may well be that it winds up being a negative decision,” Judge Rainald Gerster told the court, saying it was not the job of the court to make a political decision.

    Despite Economy Minister Gabriel’s pledge in 2014 to take a more cautious approach on licensing arms exports — something that unnerved the defence industry — German exports of military equipment rose to around 7.5 billion euros ($8.54 billion) in 2015, he said in February.

    In the first six months of 2015, Germany permitted the export of arms worth over 178 million euros to Saudi Arabia, according to a report by the economy ministry in October 2015.

    Heckler & Koch’s G36 is standard issue for many armies across the globe and its HK416 assault rifle is said to have been used to kill Osama bin Laden.

    Court orders Germany to decide on gun exports to Saudi Arabia | The Financial Express

  2. #292
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    HK Press Release

    August 31, 2016

    Heckler & Koch receives large G36 order from Lithuania

    Oberndorf, Germany

    Heckler & Koch will supply the Lithuanian armed forces with additional G36 assault rifles and the new 40mm grenade launcher, the HK269. The Lithuanian Ministry of National Defence placed the order at the end of August 2016. The contract is for approx. €12.5 million. Delivery will be in 2017.

    The G36 has been the Lithuanian Army’s standard assault rifle since 2007. The new order is for a modified version of the G36, which the Lithuanian armed forces have designated the G36 KA4M1. The weapon configuration that has been ordered corresponds to the experience, observations and recommendations of the users. The modular G36 KA4M1 will be equipped with new buttstocks, slimmer handguards and modified sight rails. The 40mm HK269 that is being introduced at the same time differs from its predecessors in that it is possible to open the barrel on either side, so that the weapon can be used with ease by both left and right-handed users.

  3. #293
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    Material key figures related to the H&K AG Group

    Q3/2014
    Net Sales (revenue): 37,9
    EBITDA: 5,5

    Q4/2014
    Net Sales (revenue): 52,9
    EBITDA: 6,1

    Q1/2015
    Net Sales (revenue): 44,2
    EBITDA: 5,4

    Q2/2015
    Net Sales (revenue): 45,8
    EBITDA: 12,6

    Q3/2015
    Net Sales (revenue): 31,6
    EBITDA: 2,5

    Q4/2015
    Net Sales (revenue): 55,4
    EBITDA: -18,3

    Q1/2016
    Net Sales (revenue): 46,0
    EBITDA: 11,8

    Q2/2016
    Net Sales (revenue): 50,1
    EBITDA: 11,2

    (Numbers are in €m)

    The -€18.3m in EBITDA "Profit you make" before (Earning Before Interest, Taxes, Depreciation and Amortization) in Q4 2015 essentially means HK as a company is facing some operational difficulties while operation cash flow was positive at €6,6m, which is saying "they have money in the bank", but this is a quarterly number and you must annualize figures. HK finished 2015 with a profit of €22.8m and this is an improvement over 2014 where there were -€13.6m by comparison. Still Steady as she goes into 2018...
    Last edited by Oicani; 09-08-2016 at 07:40 PM.

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  5. #294
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    Good to know there $$$ in the bank.


    Sent from my iPhone using Tapatalk
    "Just because you're paranoid doesn’t mean they're not after you!"

  6. #295
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    thefirearmsblog.com is reporting that French media is reporting that HK won the rifle contract

  7. #296
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    Yep, HK did win. Seems REXTEX MAG broke the news via Facebook. https://www.facebook.com/RetexMag/ph...type=3&theater

    "HK wins the market of the aif
    Even if the info is not yet officially communicated, the 5 finalists received their mail indicating if they have been retained or not… the market of the aif is therefore attributed to HK Gmbh in partnership with HK France SAS.
    Expect when even the exit of the info on the OJ."

    Guess the FAMAS is history!

  8. #297
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    Looks like HK should think about making a more budget priced weapon or throwing out some more meme caliber variants like 5.7 or 300 blk

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    That link was removed. I'm sure HK will not go under as they supply lots of military and special law enforcement weapons around the world. I do know that the US assault weapons ban was a big blow to them and they did some restructuring.

  10. #299
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    Heckler and Koch Publicly Traded on Paris Stock Exchange, Euronext?

    Unknown to me, Heckler and Koch GmbH has been on Paris Stock Market for a while, but as 9/7/2016 under ticker symbol MLHK: https://www.bloomberg.com/quote/MLHK:FP it's been seeing a lot of movement. Seems as of 9/7/2016 there has been traction on the stock. Moving from a flat €15.15 to €37.30 as of 11/18/2016. What's even more surprsing is that the Belmont Business Journal is covering the stock analytics:

    Trading Watch: FCF and Piotroski Score Check for Heckler & Koch GmbH (ENXTPA:MLHK) | Belmont Business Journal
    Released: 11/21/2016

    Investor Update: Tracking Shares of Heckler & Koch GmbH (ENXTPA:MLHK) | Belmont Business Journal
    Released: 11/19/2016

    Investor Update: Tracking Shares of Heckler & Koch GmbH (ENXTPA:MLHK) | Belmont Business Journal
    Released: 11/18/2016

    This is to not be confused with their bond (due May 2018), which has also trading upwards (almost at par): Börse Frankfurt (Frankfurt Stock Exchange): Stock market quotes, charts and news

  11. #300
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    No kidding - That's more than double in 9 days.

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