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h&k ag (MLHK) Details

H&K AG, through its subsidiary, Heckler & Koch GmbH, develops, manufactures, markets, and distributes infantry and side-arms for federal, state, or local governmental agencies in NATO countries and the European Union. It offers a range of small arms for military and law enforcement, and civil markets, such as pistols, submachine pistols, assault rifles, precision rifles, machine guns, training systems, 40 MM systems, grenade launchers, and specialist equipment, as well as provides related accessories and services. The company is based in Oberndorf am Neckar, Germany.

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Executives, Board Directors

h&k ag
H&K AG Reports Earnings Results for the Full Year Ended December 31, 2018

H&K AG announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was EUR 220.9 million compared to EUR 182 million a year ago. Operating income was EUR 9.7 million compared to EUR 21 million a year ago. Net loss was EUR 8.1 million compared to EUR 13.4 million a year ago. Basic loss per share was EUR 0.29 compared to EUR 0.59 a year ago.

H&K AG Appoints Jens Bodo Koch as Chairman of the Executive Board and as Chief Executive Officer, Effective May 1, 2018

H&K AG has appointed Dr. Ing. Jens Bodo Koch as chairman of the executive board and as chief executive officer. He will take on his new responsibilities effective May 1, 2018. He brings comprehensive defense, high-tech and change management experience from previous responsibilities, last as CEO of ATLAS ELEKTRONIK GmbH, Bremen/Germany. Together with HK's management team and in alignment with the supervisory board, Jens Bodo Koch will drive the running innovation and growth process. Interim CEO, Wolfgang Hesse, will remain in his former function as CFO of Heckler & Koch.

H&K AG Announces Executive Changes

The supervisory board of H&K AG has revoked the appointment of Mr. Norbert Scheuch as Chairman of the Executive Board and as Chief Executive Officer of H&K AG with immediate effect. Until the appointment of a successor in the near future, Mr. Wolfgang Hesse, the sole executive board member of H&K AG and the sole executive director of Heckler & Koch GmbH, will take over Mr. Scheuch's duties, in close cooperation with the supervisory board.

 

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