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HELMA Eigenheimbau AG publishes 2022 annual report
EQS-News: HELMA Eigenheimbau AG / Key word(s): Annual Report |
HELMA Eigenheimbau AG publishes 2022 annual report
Lehrte, March 22, 2023 – HELMA Eigenheimbau AG has today published its 2022 Annual Report in which it confirms its preliminary results for the past financial year announced on March 7, 2023. In
addition to a detailed presentation of the business performance, the annual report also includes a detailed consideration of the strategic adjustments of the HELMA Group, which are necessary
given the immense macroeconomic challenges in order to meet the currently prevailing market environment as optimally as possible as well as to operate from a position of strength in 2023.
In 2022, the HELMA Group generated revenue of EUR 302.5 million (previous year: EUR 331.5 million) and earnings before taxes (EBT) of EUR 3.5 million (previous year:
EUR 27.3 million), which include EUR 17.6 million of extraordinary expenses in connection with the insolvency of Natura-Holzbau GmbH, formerly a major general contractor of
HELMA Ferienimmobilien GmbH, and EUR 3.6 million of expenses for personnel measures. This is offset by EUR 2.4 million of income from the partial release of liabilities.
Excluding these one-off effects, which amount to a net total of around EUR 18.8 million, consolidated EBT would have stood at around EUR 22.3 million, a good level within a
very challenging market environment.
Planned EUR 0.40 per share dividend:
In its separate financial statements prepared according to the accounting principles of the German Commercial Code (HGB), HELMA Eigenheimbau AG reports net unappropriated profit of
EUR 3.5 million for the 2022 financial year (previous year: EUR 13.8 million). The proposed dividend amounts to EUR 0.40 per share (previous year: EUR 1.72).
Outlook for 2023:
Taking the order book position into consideration as well as the project pipeline as of December 31, 2022, and assuming that demand, which remains subdued, steadily improves over the course of
2023, the HELMA Group expects a profitable financial year in 2023 with positive EBT at approximately the previous year’s level (previous year: EUR 3.5 million) and revenue slightly to
moderately above the previous year’s figure (previous year: EUR 302.5 million).