DGAP-News: HELMA Eigenheimbau AG publishes 2011 annual report
(firmenpresse) - DGAP-News: HELMA Eigenheimbau AG / Key word(s): Final Results
HELMA Eigenheimbau AG publishes 2011 annual report
24.04.2012 / 08:00
---------------------------------------------------------------------
HELMA Eigenheimbau AG publishes 2011 annual report
Lehrte, April 24, 2012 - With the publication today of its annual report,
HELMA Eigenheimbau AG, specialist for individual solid construction houses
and sustainable energy concepts, has confirmed the preliminary figures that
it announced on March 6, 2012. According to the final figures, consolidated
revenue in the 2011 financial year was up by 39%, rising from EUR 74.5
million to EUR 103.6 million, and consolidated EBIT rose at an even faster
rate of 76%, from EUR 2.7 million to EUR 4.8 million, due to the economies
of scale that the company realised. The EBIT margin on revenue was up from
3.7% to 4.6% as a consequence.
The HELMA Group also reports a successful course to its sales activities in
the year under review. Net new order intake (houses plus land) increased by
over 9% in 2011, rising from EUR 97.6 million to EUR 106.8 million. The
company's sales growth, which already stretches back for several years, was
primarily attributable to its project business in 2011, as planned, where
sales volumes more than doubled year-on-year. This sustained growth trend
was successfully continued in the first quarter of 2012 with new orders up
by 5% to EUR 30.5 million (Q1 2011: EUR 29.0 million). In overall terms,
the HELMA Group consequently commands a solid order book basis for
significant revenue growth in 2012, for which in all likelihood the further
considerable growth at the subsidiaries HELMA Wohnungsbau GmbH and HELMA
Ferienimmobilien GmbH will be responsible, in particular.
First dividend payment planned:
The Management and Supervisory boards will propose to the Shareholders'
General Meeting to be held on July 6, 2012 that it approves the
distribution of a dividend of EUR 0.20 per share. An amount of around EUR
0.57 million is to be distributed to shareholders from the parent company's
unappropriated retained earnings of approximately EUR 1.69 million as a
consequence. The company's dividend policy is oriented to a high degree of
continuity in the medium term, in this context. Presupposing that earnings
trends stay positive, and that the company's liquidity position remains
robust, this policy envisages a 25% to 35% payout rate based on the net
income generated by the parent company. Firstly, this allows shareholders
to participate directly in the company's success and profits. Secondly,
investing the major share of profit in the company's continued growth
serves to further strengthen equity accordingly.
Positive outlook:
Further significant revenue and earnings growth is expected in the 2012 and
2013 financial years due to the solid order book position of EUR 91.1
million at the start the 2012 financial year, and the many attractive, new
property development projects that the company will start to implement
during the forecast period. Consequently, it is anticipated that Group
revenue will increase from EUR 103.6 million to between EUR 115 million and
EUR 125 million in the 2012 financial year, and that it will rise further
to around EUR 140 million in the 2013 financial year. The forecast revenue
growth will be especially attributable to the significant expansion of the
property development business. The property development business' share of
Group revenue (2011: EUR 28.0 million) will prospectively amount to between
EUR 40 million and EUR 50 million in the current 2012 financial year, which
will also include up to EUR 10 million contributed for the first time by
HELMA Ferienimmobilien GmbH, which was founded in 2011.
As in previous years, it is also expected that the company will achieve the
by-far predominant portion of its revenue and earnings contributions in the
second half of the year, due to weather conditions. This uneven
distribution over the course of the year could be even more pronounced in
2012, since most of the realisation of the revenue of the property
development business is also focused on the second half of the year.
Based on the budget planning described above, consolidated EBIT of EUR 6.5
to 7.5 million is anticipated in the current 2012 financial year, and
further tangible earnings growth for 2013. This would imply that the EBIT
margin on revenue would increase to the company's medium-term target of
more than 6% (2011: 4.6%). Along with the realisation of further economies
of scale, a continuous enhancement of the EBIT margin is also expected due
to the ever growing share of the high-margin property development business
in total Group revenue.
The complete 2011 annual report of HELMA Eigenheimbau AG 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.
http://www.helma.de/fileadmin/user_upload/Helma_IR/gb2011e.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(at)helma.de
End of Corporate News
---------------------------------------------------------------------
24.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: HELMA Eigenheimbau AG
Zum Meersefeld 4
31275 Lehrte
Germany
Phone: +49 (0)5132/8850-0
Fax: +49 (0)5132/8850-111
E-mail: info(at)helma.de
Internet: www.helma.de
ISIN: DE000A0EQ578
WKN: A0EQ57
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart;
Entry Standard in Frankfurt
End of News DGAP News-Service
---------------------------------------------------------------------
166223 24.04.2012
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
" alt="Independent Study Concludes Automotive GHG Emissions Can Be Materially Reduced By Gossan’s New Breakthrough Magnesium Production Process
Datum: 24.04.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 138238
Anzahl Zeichen: 4542
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 191 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: HELMA Eigenheimbau AG publishes 2011 annual report"
steht unter der journalistisch-redaktionellen Verantwortung von
HELMA Eigenheimbau AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
