HELMA Eigenheimbau AG — Earnings Release 2009

Sep 30, 2009

News Details

Corporate | 30 September 2009 08:25

HELMA Eigenheimbau AG publishes semi-annual report: Guidance for 2009 confirmed / significant revenue and earnings growth expected in 2010

HELMA Eigenheimbau AG / Half Year Results

30.09.2009

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

---

HELMA Eigenheimbau AG publishes semi-annual report: Guidance for 2009
confirmed / significant revenue and earnings growth expected in 2010

Lehrte, September 30, 2009 - HELMA Eigenheimbau AG continued to record a
positive growth trend in the first half of 2009, thereby creating a very
solid foundation for the future achievement of significant corporate
earnings. The guidance for the current financial year of consolidated
revenue of EUR 60.0 million and consolidated EBIT of EUR 1.0 million was
confirmed.

Mention was made as early as the 2008 annual report of the expected,
weather-related shift in the realisation of revenue and earnings into the
second half of the current financial year. Due to the prolonged and severe
winter season outdoor construction activities were largely discontinued for
a period of months. For this reason, the mid-year figures can only be
compared with the previous year's figures to a limited extent. Revenue in
the first half of 2009 amounted to EUR 26.4 million (H1 2008: EUR 27.2
million). This figure includes revenue of EUR 6.6 million from long-term
construction orders calculated using the PoC method (H1 2008: EUR 3.4
million). Consolidated EBIT at the mid-year stage totalled minus EUR 0.5
million (H1 2008: minus EUR 0.1 million). When observed on an isolated
basis, the second quarter of 2009 has already been concluded with positive
results again. As a consequence, with anticipated revenue of around EUR 35
million in the second half of 2009, the full-year targets of HELMA
Eigenheimbau AG are achievable, despite the hard winter.

Besides this, continued prospects for the future look highly gratifying.
The achievement of a sustained sales success allowed net new orders in the
first half of 2009 to climb by around 28 percent to 45.5 million, which
resulted in an order book of EUR 72.2 million as of June 30, 2009, which
was up by around 39 percent year-on-year. This trend clearly reflects the
successfully completed expansion of the recent years. The Management Board
of the company firmly assumes that further pronounced growth drivers will
continue to emanate from this expansion over the next three to five years.

As the result of the conclusion of purchase agreements and purchase options
relating to attractive real estate areas with a total of over one hundred
building plots in Berlin, the property development subsidiary of HELMA
Eigenheimbau AG faces significant business expansion. In view of the fact
that this subsidiary has generated revenue of around EUR 5.0 million per
year in the recent past, the revenue level in the 2010 financial year will
prospectively rise to around EUR 10 million, and amount to up to EUR 15
million in the medium term.

As a consequence, the HELMA Group looks forward to a significant rise in
earnings in overall terms for the 2010 financial year. Based on an order
book of EUR 72.2 million at the mid-year stage, the ongoing sales success
in the third quarter, and the forthcoming expansion of the high-margin
property development business, Group revenue of around EUR 78 million and
EBIT of around EUR 3.0 million is anticipated in 2009.

THE HALF-YEARLY REPORT IS AVAILABLE AT THE FOLLOWING LINK FOR DOWNLOADING:

http://www.helma.de/fileadmin/user_upload/Helma_IR/half_year_report2009.pdf

HELMA SHARE: FURTHER MANAGEMENT BOARD PURCHASES IN 2009:

Since the publication of the annual report in April 2009, the Management
Board of HELMA Eigenheimbau AG has acquired further HELMA shares, thereby
raising its holdings by over 125,000 shares over the last 12 months. This
measure has allowed the Management Board to underscore its confidence in
its own company, as well as the positive future prospects of the HELMA
Group.

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 or element 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.

FINANCIAL CALENDAR:

8 October 2009: 2009 Q3 sales figures

INVESTOR RELATIONS CONTACT:

Gerrit Janssen
Chief Financial Officer
Tel.: +49 (0)5132 8850 113
E-Mail: ir@helma.de

30.09.2009 Financial News transmitted by DGAP

---

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

End of News DGAP News-Service

---