Legal Proceedings Report • Jul 5, 2024
Legal Proceedings Report
Open in ViewerOpens in native device viewer

Company announcement No. 560, 2024
5 July 2024
Following periodical mandatory inspection of the autoclaves at the H+H UK Limited's production facility in Borough Green, UK, an issue has been identified failing to meet the required safety standards under the UK Pressure Systems Safety Regulations 2000. Consequently, H+H UK Limited's certification under this regulation has been revoked with immediate effect resulting in a cease of production at the Borough Green facility until further notice.
The production facility in Borough Green accounts for approx. 15% of total revenue in the H+H group.
H+H International A/S is actively assessing the situation that has arisen to get an overview of impact on H+H's operations, customers, employees, partners and financially, including impact on the 2024 financial outlook, if any. We will provide further updates as more information on facts and impacts is available.
Bjarne Pedersen CFO +45 22 15 99 37 [email protected] Niclas Bo Kristensen Head of Investor Relations and Treasury +45 24 48 03 67 [email protected]
H+H's core activity is the manufacture and sale of wall-building materials with a revenue in 2023 of DKK 2.7 billion. The main product lines are aircrete blocks and calcium silicate units used for the residential new building segment. H+H has factories in Northern and Central Europe and has a leading market position. H+H is listed on the Nasdaq Copenhagen stock exchange.
H+H International A/S | Lautrupsgade 7, 5th Floor | 2100 Copenhagen Ø | Denmark | Tel. +45 35 27 02 00 | www.HplusH.com | Company reg. no. 49 61 98 12 1/1
Have a question? We'll get back to you promptly.