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HELMA Eigenheimbau AG reports sales growth in first half of 2011


HELMA Eigenheimbau AG / Key word(s): Miscellaneous
07.07.2011 / 14:00

HELMA Eigenheimbau AG reports sales growth in first half of 2011
Lehrte, July 7, 2011 - HELMA Eigenheimbau AG, the specialist for individual solid construction houses and sustainable energy concepts, reports a consolidated net new order intake (of houses and land) of EUR 53.7 million in the first six months of the 2011 financial year (H1 2010: EUR 49.2 million). This represents order growth of around 9% compared to the already very good new order figures of the same period of the previous year, for which the flourishing project business in the HELMA Wohnungsbau GmbH area was primarily responsible.

As a consequence, the HELMA Group is well on its way at the mid-year stage to realising double-digit percentage sales growth again on a full-year view. It should be noted in this context that HELMA Ferienimmobilien GmbH, which was founded at the start of this financial year, will make its first-time contribution to the HELMA Group's sales success in the second half of 2011 (with its first project at Glowe on the German island of Rügen). Further growth in the already very good sales figures from the property development business is also to be anticipated in the coming six months. The HELMA Group will in all likelihood report significant land purchases as early as the third quarter of 2011, which will sustainably underpin this positive trend.

In overall terms, this would form a solid order base for the targeted significant sales growth of 25% in the 2012 financial year to reach a level of EUR 125 million. The revenue forecast of approximately EUR 100 million for the 2011 financial year that was announced in March (FY 2010: EUR 74.5 million) is confirmed by the construction status trend in the first half of the current financial year.

The half-yearly report will be published on the Internet at www.HELMA.de on September 28, 2011.

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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