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HELMA Eigenheimbau AG expands business area with founding of HELMA Ferienimmobilien GmbH, and taps attractive additional revenue and earnings potentials


HELMA Eigenheimbau AG / Key word(s): Miscellaneous
10.03.2011 / 08:15

HELMA Eigenheimbau AG expands business area with founding of HELMA Ferienimmobilien GmbH, and taps attractive additional revenue and earnings potentials

Lehrte, March 10, 2011 - HELMA Eigenheimbau AG, the specialist for individual solid construction houses and sustainable energy concepts, has founded wholly-owned subsidiary HELMA Ferienimmobilien GmbH, which it intends to develop into one of the leading German providers of holiday homes within the next few years. HELMA Ferienimmobilien GmbH will focus on developing, planning and selling holiday homes and apartments that are to be created at locations with good infrastructure development, predominantly on Germany's North Sea and Baltic coasts. HELMA's holiday properties will be constructed to high quality standards, come fully equipped, and will be appropriate for use throughout the entire year. They will also include additional equipment features such as fireplaces, saunas and jacuzzis.
As a HELMA Eigenheimbau AG subsidiary, HELMA Ferienimmobilien GmbH can make recourse to more than 30 years of experience and expertise in solid construction homebuilding technology, and will also benefit from the parent company's good credit standing and high degree of recognition and familiarity on the markets. Along with HELMA Eigenheimbau AG Management Board members Karl-Heinz Maerzke and Gerrit Janssen, HELMA Ferienimmobilien GmbH has recruited Per Barlag Arnholm, a proven holiday property market expert, as its managing director. Mr. Arnholm has held management positions in the holiday property area for the last ten years, and has been responsible for the successful realisation of projects entailing a total of several hundreds of units sold. As a consequence, he possesses extensive know-how that he will contribute to the creation and successful management of the new company.

HELMA Ferienimmobilien GmbH is currently in the phase of developing its first projects that will be presented for the first time by as early as the next months prospectively. The new subsidiary's first projects to be realised and to become revenue-effective are expected for the 2012 financial year, where the company is aiming for a revenue volume of at least EUR 10 million and an EBIT margin of significantly above 10%. An annual revenue volume of between EUR 15 million and EUR 30 million is budgeted for the medium term.

ABOUT HELMA EIGENHEIMBAU AG:

HELMA Eigenheimbau AG is a customer-oriented building services-provider offering a full range of services. The focus is on the development, planning, sale, and construction management of turnkey or partially completed detached and semi-detached houses using the solid construction method. Particularly the option of individual planning and individualisation without extra costs, as well as the company's outstanding know-how in the area of energy-efficient construction methods, are perceived on the markets as HELMA Eigenheimbau AG's unique selling propositions. With its persuasive sustainable energy concepts, the company has established itself as one of the leading providers of solar energy-saving homes, and is one of the most experienced companies in the solid construction house sector, having constructed several thousand owner-occupier homes. As a property development company, holiday home builder, and finance broker respectively, HELMA Wohnungsbau GmbH, HELMA Ferienimmobilien GmbH and Hausbau Finanz GmbH round out HELMA Group's product range.

INVESTOR RELATIONS CONTACT:

Gerrit Janssen, Management Board member/CFO
Tel.: +49 (0)5132 8850 113
E-mail: ir@helma.de


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Language: English Company: HELMA Eigenheimbau AG Zum Meersefeld 4 31275 Lehrte Deutschland Phone: +49 (0)5132/8850-0 Fax: +49 (0)5132/8850-111 E-mail: info@helma.de Internet: www.helma.de ISIN: DE000A0EQ578 WKN: A0EQ57 Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart; Entry Standard in Frankfurt  
 
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