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HELMA EIGENHEIMBAU AG (FRA:H5E) HELMA Eigenheimbau AG publishes 2019 annual report and withdraws annual forecast

Transparency directive : regulatory news

23/03/2020 07:21

DGAP-Ad-hoc: HELMA Eigenheimbau AG / Key word(s): Dividend/Forecast
HELMA Eigenheimbau AG publishes 2019 annual report and withdraws annual forecast

23-March-2020 / 07:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


HELMA Eigenheimbau AG publishes 2019 annual report and withdraws annual forecast

Lehrte, March 23, 2020 - HELMA Eigenheimbau AG has today published its 2019 annual report on its investor relations website (www.ir.helma.de), confirming the record figures it announced in its corporate news on March 4, 2020. Based on these results, a dividend payment of EUR 1.85 per share is planned for the past financial year. Like in previous years, more than half of the profits will be used to further strengthen the equity.

Despite the best conditions relating to the order book position, which at the end of the financial year was up by 18 % year-on-year, as well as a very promising project pipeline, HELMA finds itself compelled to withdraw its guidance owing to the latest developments surrounding the COVID-19-pandemic.

HELMA - as it is the case with the entire building industry - is potentially subject to the consequences that the COVID-19-pandemic and related global measures will exert on the economy. The emerging negative economic trend and its consequences will also affect HELMA's operating business. It will probably only be possible in the course of the year to predict exactly how this will unfold. At present, the company's Management Board continues to assume that significant net income will continue to be generated in 2020. However, expectations as they existed originally when the annual financial statements were prepared, and which are published in the 2019 annual report, are currently no longer considered realistic.

Investor Relations Contact:
Gerrit Janssen, Management Board Chairman / CEO
Tel.: +49 (0)5132 8850 221
E-Mail: ir@helma.de


23-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: HELMA Eigenheimbau AG
Zum Meersefeld 4
31275 Lehrte
Germany
Phone: +49 (0)5132/8850-221
Fax: +49 (0)5132/8850-111
E-mail: info@helma.de
Internet: www.helma.de
ISIN: DE000A0EQ578
WKN: A0EQ57
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1003717

 
End of Announcement DGAP News Service

1003717  23-March-2020 CET/CEST

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