News detail

HELMA Eigenheimbau AG reports significant revenue growth in H1 2015 / Dynamic growth targets confirmed / Individual order received for EUR 25.5 million

Lehrte, August 31, 2015 - HELMA Eigenheimbau AG, specialist for individual solid construction houses and sustainable energy concepts, has today published its 2015 half-year report, where it reports on significant revenue and earnings growth. In the first half of 2015, the HELMA Group grew its revenue by around 18 % year-on-year, from EUR 65.2 million to EUR 77.0 million. Given continued gratifying gross profit margins, half-yearly earnings before interest and tax (EBIT) consequently grew by 36 % to EUR 4.9 million. The net financial result of EUR -1.6 million during the period under review was almost unchanged compared with the first half of 2014. Overall, the Group generated earnings after minority interests of EUR 2.2 million (H1 2014: EUR 1.4 million). Earnings per share improved accordingly from EUR 0.42 to EUR 0.61. This represents 45 % growth, reflecting the continued positive profitability trend of the HELMA Group. As in previous years, and due to weather-related conditions, the HELMA Group will generate most of it annual net income during the second half of the year in 2015.

The past years' very dynamic trend has also continued on the sales side. Consolidated net new order intake was up by EUR 27.0 million to reach EUR 113.1 million in the first six months of the current financial year (H1 2014: EUR 86.1 million). This reflects 31 % growth in net new orders received, driven by valuable contributions from both the classic building services business and the property development business operated by the Group's subsidiaries. We firmly assume that dynamic growth rates in new order intake can continue to be achieved during the second half of the year, thereby successfully forming the basis for the planned further revenue and earnings growth in the coming year.

The HELMA Group's net order book position, which is composed of the net order book total held as of the balance sheet date, and consequently of orders that have not yet been finally settled, amounted to EUR 237.1 million as of June 30, 2015, thereby around EUR 71.4 million, or 43 %, above the previous year's figure. This amount includes revenues of EUR 80.9 million partially realised according to the percentage of completion method (June 30, 2014: EUR 47.6 million). As in previous years, the highest order book position in the company's history as of the mid-year stage comprises an excellent starting position for strong revenue growth in the second half of the year.

Dynamic multi-year outlook:

Based on the pleasing business trend during the first half of 2015 and the record order book position as of the mid-year stage, the Managing Board of HELMA Eigenheimbau AG confirms the forecast that it has issued for the 2015 financial year. This includes an increase in consolidated revenue to EUR 210.0 million (FY 2014: EUR 170.5 million) and growth in consolidated EBIT to EUR 17.5 million (FY 2014: EUR 14.2 million). With a view to the existing projects pipeline, the revenue guidance of EUR 260.0 million for the 2016 financial year, and of EUR 340.0 million for the 2017 financial year, is also confirmed.

Residential real estate project near Hanover sold to institutional investor:

In its business area that comprises the planning and realisation of residential real estate projects earmarked for sale to institutional investors, HELMA Wohnungsbau GmbH received an order worth EUR 25.5 million in August 2015. In this context, a planned residential property project near Hanover that will be completed in the 2017 financial year was sold to an institutional investor.

The company's complete 2015 semi-annual report is available for downloading on the company's website (www.HELMA.de) in the Investor Relations area, as well as at the following direct link.

www.helma.de/fileadmin/user_upload/IR/Finanzpub/hb2015e.pdf

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