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HELMA Eigenheimbau AG: successful 2009 business year, order book up 30%, positive outlook


HELMA Eigenheimbau AG / Preliminary Results
17.03.2010 10:15

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HELMA Eigenheimbau AG: successful 2009 business year, order book up 30%, positive outlook

Lehrte, March 17, 2010 - HELMA Eigenheimbau AG, the specialist for individual solid construction homes and sustainable energy concepts, reports on a successful 2009 financial year. According to provisional IFRS consolidated figures, revenue was raised by more than 10% to around EUR 62.4 million last year (2008: EUR 56.6 million), generating earnings before interest and tax (EBIT) of some EUR 1.1 million (2008: EUR -0.4 million. This represents an EBIT improvement of EUR 1.5 million. Consolidated net income amounted to around EUR 0.2 million (2008: EUR -0.9 million).
In overall terms, in the 2009 financial year HELMA Eigenheimbau AG both slightly exceeded the guidance published by the Management Board in March 2009, and successfully completed the turnaround launched in 2008.
ORDER BOOK UP BY 30%, POSITIVE OUTLOOK:

Along with a marked improvement in profitability, the company also achieved its best sales result in its 30-year corporate history in 2009. For instance, net new orders were up by 21% to EUR 83.3 million (2008: EUR 69.0 million), and the net order book as of December 31, 2009 increased by more than 30% to EUR 70.1 million (December 31, 2008: EUR 53.8 million). As a result, HELMA again performed significantly better than the market, and has also created an excellent position for further tangible revenue and earnings growth.

Consequently, the Management Board anticipates consolidated revenue of EUR 80.0 million for the 2010 financial year, and EBIT of EUR 3.0 million. This corresponds to revenue growth of around 28%, and an almost trebling of consolidated EBIT. The intense and prolonged winter season has already been taken fully into account in this budget. As a result of the restriction on construction activity in the first quarter of 2010, which was due to weather conditions, revenue and related earnings contributions will be generated predominantly in the second half-year, as in the previous year.
The 2009 annual report, including finalised figures, will be published on April 28, 2010 on the Internet at www.helma.de.

ABOUT HELMA EIGENHEIMBAU AG:

HELMA Eigenheimbau AG is a customer-oriented, full-service construction service provider. The company's focus lies in the development, planning, sale, and construction management of turnkey or partly finished detached and semi-detached houses in solid construction. The tailored planning and individualisation that the company offers at no extra cost, as well as its in-depth expertise in the field of energy-efficient construction, are perceived by the market as a particularly 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.
INVESTOR RELATIONS CONTACT:

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




17.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de

 
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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