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Creditor Relations

Sound financing

The Holding Company uses both equity and debt to finance its investments in the divisions. Equity is derived from the company’s more than 720 shareholders, for whom sustainability and long-term thinking are important principles. In line with tradition, the Haniel family reinvests a large proportion of their own share of Group profits back into the company. The long-term average of profits reinvested is 25 per cent.

We place particular emphasis on commercially sound financing when striving to meet our company goals. To ensure the liquidity of the Holding Company and create scope for strategic sustainable investment, we believe in long-term, stable and balanced financing. Cooperation with around 30 banks forms an important pillar of our external financing. The Holding Company has built up a reliable partnership with these banks and has arranged bilateral lines of credit with term of up to 5 years. The company has also expanded its borrowings on the capital market to form the second pillar of its balanced and long-term financing strategy.

Maintain flexibility

The bilateral lines of credit and external financing on the capital market both serve to ensure constantly the liquidity of the Holding Company. So that the company remains able to operate at all times, we pay particularly close attention to ensuring we have sufficient credit lines and a balanced maturity profile. This ensures we are always able to refinance our financial resources. Our financing agreements contain neither financial covenants nor ratings-related termination rights.

Creditor Update

Date Version Language File
28.04.2021 Creditor Update Call - Charts english download
30.09.2020 Investor Update Sheet Q3 2020 english download
30.06.2020 Investor Update Sheet Q2 2020 english download
31.03.2020 Investor Update Sheet Q1 2020 english download
31.12.2019 Investor Update Sheet Q4 2019 english download
30.09.2019 Investor Update Sheet Q3 2019 english download
30.06.2019 Investor Update Sheet Q2 2019 english download
31.03.2019 Investor Update Sheet Q1 2019  english download