HELMA Eigenheimbau AG publishes preliminary figures for FY 2019: Record earnings of EUR 4.04 per share (+12 %) achieved; highest order book position and attractive project pipeline form an excellent basis for further growth

Lehrte, March 4, 2020 - HELMA Eigenheimbau AG has today published its detailed preliminary consolidated figures in accordance with IFRS for the 2019 financial year, which include new records for both orders and earnings. The HELMA Group thereby successfully continued its positive business performance in the past financial year.

Dynamic new order intake trend:
The HELMA Group recorded total growth in new order intake of 6.4 % in the 2019 financial year, thereby increasing its sales result from EUR 278.6 million in the previous year to EUR 296.5 million. The highest growth was achieved by HELMA Eigenheimbau AG, which reached a new record level of EUR 121.7 million to reflect an increase of 15.1 %. The subsidiary HELMA Wohnungsbau GmbH, which is active in the property development business, also achieved a further high level of new order intake with a volume of EUR 131.3 million, only slightly below the previous year's very pleasing level. As expected, HELMA Ferienimmobilien GmbH benefited from sales launches in the second half of the year, with new order intake of EUR 43.4 million being achieved in the year under review, representing growth of 10.5 %.

The HELMA Group's order book position amounted to EUR 202.7 million as of December 31, 2019, around 18.3 % above the previous year's level. The aforementioned figure no longer includes EUR 140.9 million of revenues from current building projects already recognised proportionally pursuant to IFRS (December 31, 2018: EUR 99.6 million).

New record earnings:
Based on revenue of EUR 263.2 million (previous year: EUR 253.3 million), the HELMA Group achieved record earnings before taxes (EBT) of EUR 23.6 million (previous year: EUR 21.2 million) in the 2019 financial year. In addition, consolidated net income after minority interests amounted to EUR 16.1 million and thus increased by around EUR 1.7 million compared to the previous year. This is equivalent to overall earnings per share of EUR 4.04 (previous year: EUR 3.62), corresponding to growth of around 11.6 % compared with the previous year.

Positive outlook:
Based on an attractive project pipeline, the two subsidiaries active in the property development business, HELMA Wohnungsbau GmbH and HELMA Ferienimmobilien GmbH, have a combined revenue potential from secured land plots of around EUR 1.5 billion as of December 31, 2019. Provided that the market environment remains robust, this is expected to be largely realised in the next 5 to 7 years. Future land purchases will further expand this potential. In addition, annual revenue of at least EUR 100 million is expected in the building services business of HELMA Eigenheimbau AG, for which the company does not require its own land. In conjunction with the gratifyingly high order book position as of the balance sheet date, EBT is consequently expected to increase again by more than 10 % to a record EBT of at least EUR 26.0 million in the 2020 financial year, and to continue its profitable growth in subsequent years.

Key financials at a glance:
An overview of the preliminary financials for the HELMA Group for the 2019 financial year can be downloaded at the link below. The 2019 annual report and dividend proposal for the 2019 financial year will be published on March 23, 2020.

About HELMA Eigenheimbau AG:
HELMA Eigenheimbau AG (HELMA) is one of the leading German building service providers offering the full service range. The focus is on the development, planning, sale, and construction management of individually planned detached houses built on customers' properties applying the traditional solid construction method ("brick on brick"). Through the HELMA Wohnungsbau GmbH subsidiary - which operates as a broadly diversified project and property developer - the possibility also exists in various metropolitan regions across Germany to acquire individual dream homes together with suitable land plots on a one-stop shop basis. Furthermore, HELMA Wohnungsbau GmbH realises high-quality semi-detached and terraced houses as well as apartment construction projects in sought-after locations.

With the realisation of holiday houses and apartments at locations enjoying well-developed infrastructures - predominantly on the North Sea and Baltic Sea coasts - the HELMA Ferienimmobilien GmbH subsidiary also ranks among the leading companies in its market segment. Its offering addresses mainly private customers for their own use or as a capital investment.

As a financing and home insurance broker, the Hausbau Finanz GmbH subsidiary completes the HELMA Group's product range.

Since it was founded in 1980, HELMA has transferred well over 10,000 attractive residential and holiday properties to satisfied customers. More than 400 employees and specialist advisors ensure that meanwhile around 1,000 further properties are added annually. HELMA - we love to build for your life.

Investor Relations Contact:
Gerrit Janssen, Management Board Chairman / CEO
Tel.: +49 (0)5132 8850 221
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