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HELMA Eigenheimbau AG adjusts forecast

HELMA Eigenheimbau AG / Key word(s): Forecast
HELMA Eigenheimbau AG adjusts forecast

26-Sep-2022 / 20:40 CET/CEST
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HELMA Eigenheimbau AG adjusts forecast

HELMA Eigenheimbau AG announces that it is adjusting its forecast for the 2022 financial year. The background to this is that a major subcontractor of the HELMA Group has filed for insolvency proceedings. This will have a significant impact on HELMA Eigenheimbau AG after review by the Management Board. In particular, revenues will be postponed until 2023. In addition, significant cost increases are to be expected.

Against this background, and also taking into account the possibility that new order intake in the second half of the year will be below target due to the current economic development, the Management Board now expects revenues of EUR 300 - 320 million (previously EUR 360 million) and EBT of EUR 20 million (previously EUR 30 million) for 2022.

IR contact:
Daniel Weseloh, Investor Relations
Phone: +49 (0)5132 8850 221

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