HELMA Eigenheimbau AG: HELMA Eigenheimbau AG stays on growth course; AGM approves all agenda items
HELMA Eigenheimbau AG / AGM/EGM
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Isernhagen, 6 July 2007 – The shareholders of HELMA Eigenheimbau AG agreed to all of the resolutions on today’s AGM agenda by a large majority. In addition to relieving members of the Management Board and the Supervisory Board of their duties, it was resolved, among other items, to carry forward the balance sheet profit to the new account pursuant to the proposal for the allocation of the unappropriated profits, and to carry out a stock option programme.
Record earnings in 2006; expansion progresses according to plan: Within their presentation, the Board reported the best result in the company’s history. In comparison to 2005, revenues in financial year 2006 increased around 74 percent to EUR 57,563 thousand and EBIT even climbed 330 percent to EUR 2,485 thousand. The construction services provider thus, once again, beat the significant growth of the years before by far. According to the Board, one of the reasons for the ongoing success story was the consistent implementation of the successful expansion strategy.
The signs for 2007 also point to further growth. Additional show houses have been opened recently in Munich Poing, Würzburg and Baiersdorf near Nuremberg. In addition, HELMA Eigenheimbau AG will present a technologically new type of home this year – the sun house – which will be available for viewing as a show house in Offenburg and in Lehrte. The sun house underlines HELMA Eigenheimbau AG’s great expertise in future markets for economic, ecologically friendly construction methods, for which high growth rates are expected in the coming years.
Positive outlook remains unchanged:
The Board of HELMA Eigenheimbau AG appeared optimistic about the current financial year 2007 and confirmed the annual guidance published within the scope of the annual report; the guidance foresees 2007 revenues of over EUR 80 million for the HELMA Group. With such revenue volumes, the Board of HELMA Eigenheimbau AG expects to be able to more than double EBIT to around EUR 5.5 million.
End September 2007 Half-year report 2007
About HELMA Eigenheimbau AG:
HELMA Eigenheimbau AG is a customer-oriented full-service construction service provider. The company’s focus lies on the development, planning, sale and construction management of turn-key or partly finished single-occupancy and semidetached houses in massive construction or element massive construction. The company’s tailored planning and individualisation at no extra cost as well as its in-depth expertise in the field of energy-efficient construction are particularly perceived by the market as a unique selling point of HELMA Eigenheimbau AG. As a property developer, the HELMA Wohnungsbau GmbH & Co. KG subsidiary complements the service range of the HELMA Group. HELMA Eigenheimbau AG (ISIN: DE0000A0EQ578) has been listed in the Entry Standard of the Frankfurt Stock Exchange since 19 September 2006.
Investor relations contact:
HELMA Eigenheimbau AG
Torsten Rieger (CFO)
Telephone: +49 (0)511 - 901 90 – 0
Facsimile: +49 (0)511 - 901 90 – 11
Haus der Wirtschaft, Kapstadtring 10
Telephone: +49 (0)40 – 63 78 – 54 14
Facsimile: +49 (0)40 – 63 78 – 54 23
Issuer: HELMA Eigenheimbau AG
30916 Isernhagen Deutschland
Phone: +49 (0)511 90190 13
Fax: +49 (0)511 90190 11
Listed: Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart; Entry Standard in Frankfurt
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