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HELMA Eigenheimbau AG significantly exceeds FY 2012 earnings forecast according to preliminary results. Marked revenue growth expected during 2013-2015

HELMA Eigenheimbau AG / Key word(s): Preliminary Results

07.03.2013 / 11:06

HELMA Eigenheimbau AG significantly exceeds FY 2012 earnings forecast according to preliminary results. Marked revenue growth expected during 2013-2015

Lehrte, March 7, 2013 - HELMA Eigenheimbau AG, the specialist for individual solid construction houses and sustainable energy concepts, topped the EBIT forecast for the 2012 financial year which it communicated in September 2012 by around EUR 0.8 million. According to preliminary IFRS figures, the HELMA Group generated EUR 114.0 million of revenue in 2012 (previous year: EUR 103.6 million), and earnings before interest and tax (EBIT) up by an even faster rate of 53 percent to reach a new record of EUR 7.3 million (previous year: EUR 4.8 million). Along with the revenue growth, this very gratifying earnings trend in the 2012 financial year was especially attributable to gross profit margin improvements across the entire Group, as well as the higher share of revenue generated by its high-margin property development business. The EBIT margin on revenue rose from 4.6 percent to 6.4 percent in the financial year elapsed as a consequence. After a net financial result of EUR -1.6 million (previous year: EUR -1.4 million), earnings before tax (EBT) stood at EUR 5.8 million (previous year: EUR 3.4 million). Consolidated net income amounted to EUR 3.8 million (previous year: EUR 2.3 million), equivalent to EUR 1.33 of earnings per share (previous year: EUR 0.83), and representing 59 percent year-on-year growth.

Positive outlook: Marked revenue growth expected in 2013-2015:

The HELMA Group's sales and marketing success in the 2012 financial year - which saw net new order intake up by 23 percent from EUR 106.8 million to EUR 131.4 million - offers a very robust basis for continued revenue and earnings growth in the 2013 financial year. In combination with the attractive real estate development projects at the subsidiaries, the Management Board of HELMA Eigenheimbau AG consequently anticipates EUR 140 million of consolidated revenue in the 2013 financial year. It is also assumed that the positive margin situation will continue, allowing consolidated EBIT of at least EUR 9.0 million to be achieved in 2013.

Further significant business growth is already becoming evident due to current various project developments where revenue is set to be realised in the 2014 and 2015 financial years. On the basis of conservative assumptions, the Management Board of HELMA Eigenheimbau AG consequently expects at least EUR 170 million of consolidated revenue in the 2014 financial year. In all likelihood, the EUR 200 million revenue level will be exceeded for the first time in the 2015 financial year. It is anticipated that the revenue growth rates referred to above will be accompanied by corresponding significant earnings growth rates.

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

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