DGAP-News

HELMA Eigenheimbau AG publishes 2020 annual report and dividend proposal - attractive growth trends set to continue in 2021 - Seite 2

Further detailed information on the 2020 financial year and the promising prospects for the Group companies is available in the 2020 annual report published today. The report is available for download on the IR website at www.ir.helma.de as well as via the following direct link:

https://ir.helma.de/websites/helma/English/310/publications.html

Planned EUR 1.54 per share dividend:
In its single-entity financial statements prepared according to the accounting principles of the German Commercial Code (HGB), HELMA Eigenheimbau AG reports net income and unappropriated retained earnings of EUR 12.4 million for the 2020 financial year, and consequently plans a dividend payment of EUR 1.54 per share. With the dividend payout of around EUR 6.2 million, or almost 50 % of the net income reported on the basis of HGB accounting principles, the dividend is in line with analysts' estimates, and corresponds to a dividend yield of around 3 % at the current share price level.

The dividend policy of HELMA Eigenheimbau AG is oriented towards a high level of continuity, and provides a payout ratio in relation to the net income for the year generated by the parent company of at least 25 % and up to a maximum of 50 %. In light of the promising growth potential and targeted expansion of corporate earnings, dividend payments are expected to increase significantly in the upcoming years.

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 houses 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.