DGAP-News: HELMA Eigenheimbau AG publishes 2020 annual report and dividend proposal - attractive growth trends set to continue in 2021
Lehrte, March 24, 2021 - HELMA Eigenheimbau AG has today published its annual report for the 2020 financial year.
DGAP-News: HELMA Eigenheimbau AG / Key word(s): Annual Results HELMA Eigenheimbau AG publishes 2020 annual report and dividend proposal - attractive growth trends set to continue in 2021 24.03.2021 / 08:28 The issuer is solely responsible for the content of this announcement. HELMA Eigenheimbau AG publishes 2020 annual report and dividend proposal - attractive growth trends set to continue in 2021 Based on the record new order intake achieved in 2020, the HELMA Group expects revenue in 2021 to be recorded in a range between EUR 300.0 million and EUR 310.0 million (2020: EUR 274.0 million), and consolidated EBT between EUR 25.0 million and EUR 26.0 million (2020: EUR 22.5 million). In the light of the well-filled project pipeline and the attractive outlook for the residential and holiday real estate sector, the HELMA Group is aiming for a significant expansion of revenue beyond 2021, and expects consolidated revenue of more than EUR 400.0 million by the 2024 financial year at the latest. The aim is to continuously increase profitability to an EBT margin of over 10.0 % (2020: 8.2 %). Correspondingly, consolidated EBT of over EUR 40.0 million would be achieved for the first time by 2024 at the latest. Review of the 2020 financial year: 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 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. With the realisation of holiday houses and apartments at locations enjoying well-developed infrastructures - predominantly on the North Sea and Baltic Sea coasts, as well as at attractive locations on lakes and in low mountain regions in Germany - the HELMA Ferienimmobilien GmbH subsidiary is meanwhile the leading company in its market segment. Its offering addresses mainly private customers for their own use or as a capital investment. 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.
24.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | HELMA Eigenheimbau AG |
Zum Meersefeld 4 | |
31275 Lehrte | |
Germany | |
Phone: | +49 (0)5132/8850-345 |
Fax: | +49 (0)5132/8850-111 |
E-mail: | [email protected] |
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: | 1177558 |
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1177558 24.03.2021