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HELMA Eigenheimbau AG with the best results in the company’s history

HELMA Eigenheimbau AG / Final Results

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HELMA Eigenheimbau AG with the best results in the company’s history
- Expansion successfully continued
- Revenue increase by some 74 % to € 57,563 thousand - 329.7 % improvement in EBIT to € 2,485 thousand - Positive outlook for 2007

Isernhagen, 23 April 2007 – HELMA Eigenheimbau AG achieved the best results in the company’s history in the financial year 2006. With its consequently continued, very successful expansion strategy, the construction service provider managed to not only continue the significant revenue increases of past years in 2006, but even exceed them considerably. After sales revenues of € 33,128 thousand in 2005 had already exceeded those of the financial year 2004 by some 59 percent, the company generated an even stronger revenue growth of some 74 percent to € 57,563 thousand in 2006.
It should particularly be pointed out that in 2006, the company again managed to generate sales revenues of several million euros in sales regions where it had shown no or very low revenues in 2004. With the continuation of the expansion in 2007, a similar performance should also be achieved in new sales regions such as Baden-Württemberg and Bavaria. Here the company will stick to its successful sales strategy and build additional show houses in massive construction form at interesting sales locations. An attractive, heavily extended advertising concept, in which well-known actor, author and HELMA builder Sky du Mont plays a part, will give HELMA houses additional impulse.

Significant improvement in the profit situation:

It was particularly the growth in the new sales regions that required special efforts in 2006. For this reason the profit guidance was not able to be fully reached. However, HELMA Eigenheimbau AG was able to heavily increase its profits in the financial year 2006. Including the income from the participation in HELMA Wohnungsbau GmbH & Co. KG and excluding one-off effects in 2006 such as the IPO costs as well as expenditures and special payments relating to the 25-year anniversary of the company, EBIT of € 2,485 thousand came in some 330 percent higher than in the same period of the previous year.

Development of the order situation considerably better than the sector trend:

Despite the advanced purchase effects from the omission of state housing grants, which heavily boosted the sector’s order development in 2005 and noticeably burdened it in 2006, the HELMA Group managed to nearly maintain its order intake volume from the previous year in the financial year 2006 and thus showed significantly positive development against the sector trend. As such, HELMA was able to gain additional market shares. The gross order intake amounted to € 64.7 million after € 66.7 million in 2005. At € 52.4 million, the gross order backlog as of year-end 2006 was somewhat lower than at the end of 2005 (€ 56.1 million). This was due to partial performance agreements accounted for.

Very solid financial position:

Total assets of HELMA Eigenheimbau AG on 31 December 2006 amounted to € 36,742 thousand and have increased by € 21,033 thousand compared to 2005 or 133.9%. The shareholders’ equity increased as of 31 December 2006 to € 14,376 thousand (2005: € 906 thousand), thus equalling an equity ratio of 39.1 percent. To continue its successful expansion strategy, the company sees itself as being solidly financed and also has a sufficient amount of cash and cash equivalents at its disposal with € 15,946 thousand (previous year: € 3,237 thousand).

Positive outlook for 2007:

As a result of the shortened average processing times of house contracts due to optimised internal structures, the HELMA Group will be able to complete a number of the orders acquired in 2007 in the same year in addition to the order backlog at the end of the financial year 2006. The order intake up to now in the current financial year gives the Management Board confidence that the HELMA Group’s revenues in the financial year 2007 will amount to more than € 80 million. With such a revenue volume, the Management Board of HELMA Eigenheimbau AG expects EBIT to more than double to € 5.5 million.

The complete annual report is available for download in the Investor Relations section of the website under
2 May 2007 Entry and General Standard Conference, Frankfurt am Main 6 July 2007 Annual General Meeting, Hanover

Information and Explaination of the Issuer to this News:
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)
Jathostrasse 10
D-30916 Isernhagen
Telephone: +49 (0)511 - 901 90 – 0
Facsimile: +49 (0)511 - 901 90 – 11

Gerrit Janssen
Haus der Wirtschaft, Kapstadtring 10
D-22297 Hamburg
Telephone: +49 (0)40 – 63 78 – 54 14
Facsimile: +49 (0)40 – 63 78 – 54 23

DGAP 23.04.2007 

Language:     English
Issuer:       HELMA Eigenheimbau AG
              Jathostrasse 10
              30916 Isernhagen Deutschland
Phone:        +49 (0)511 90190 13
Fax:          +49 (0)511 90190 11
ISIN:         DE000A0EQ578
WKN:          A0EQ57
Listed: Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart;               Entry Standard in Frankfurt
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