HELMA Eigenheimbau AG publishes H1 2021 report

Lehrte, August 12, 2021 - HELMA Eigenheimbau AG has today published its 2021 half-year report where it reports on dynamic growth.

New sales record:
In the first six months of the current financial year, the HELMA Group achieved a new order intake of EUR 197.2 million (H1 2020: EUR 115.5 million). This corresponds to an increase of 71 % compared to the same period of the previous year, with all business divisions making significant contributions. The resultant order book position of EUR 266.8 million as of June 30, 2021 (June 30, 2020: EUR 199.8 million) establishes very good conditions for tangible revenue growth in the coming year.

In light of the well-filled project pipeline and assuming that the market environment remains intact, HELMA's Management Board expects to achieve a further record new order intake on a full-year basis, exceeding the previous record of EUR 312.5 million from the last year by approximately 20 to 25 %.

Significant revenue and earnings growth:
In the first half of 2021, consolidated revenue grew by around 41% year-on-year from EUR 114.2 million to EUR 161.4 million.

HELMA Eigenheimbau AG generated revenue of EUR 50.6 million (H1 2020: EUR 48.7 million), representing an increase of around 4 % compared to the first half of 2020. The revenue of the subsidiaries HELMA Wohnungsbau GmbH and HELMA Ferienimmobilien GmbH, which are active in the property development business, reported even stronger growth in the reporting period. The revenue of HELMA Wohnungsbau GmbH rose by around 41 % from EUR 41.2 million to EUR 57.9 million. HELMA Ferienimmobilien GmbH accounted for revenue of EUR 51.9 million in the first half of 2021 (H1 2020: EUR 23.6 million), which corresponds to a more than doubling year-on-year, or an increase of around 120 %. The revenue of Hausbau Finanz GmbH amounted to EUR 0.9 million in the reporting period (H1 2020: EUR 0.8 million), representing growth of around 19 %.

Based on consolidated revenue of EUR 161.4 million generated in the period under review, earnings before taxes (EBT) for the first half of the year reported significant growth to EUR 12.4 million (H1 2020: EUR 6.6 million). After deducting income taxes and the minority interests' share of earnings, a pleasing record result of EUR 8.7 million was posted as of the mid-year stage (H1 2020: EUR 4.5 million). Earnings per share thereby improved to a new high of EUR 2.17 in the first half of 2021 (H1 2020: EUR 1.13).

Positive outlook:
Taking the developments in the first half of 2021 into consideration, the HELMA Management Board confirms the revenue forecast (range: EUR 300 million to EUR 310 million) and specifies the EBT forecast (previous range: EUR 25 million to EUR 26 million) for the 2021 financial year. The Management Board now expects to achieve at least the upper half of the previously forecast EBT range.

HELMA also anticipates that it is on the right track with regard to its medium-term growth strategy, which envisages a significant increase in revenue while maintaining high profitability. Consolidated revenue of over EUR 400 million is expected by the 2024 financial year at the latest. In addition, the continuous increase in profitability remains the focus of the expansion of revenue, with the aim being to raise the EBT margin to a level of over 10 % by 2024. Accordingly, Group EBT would exceed EUR 40 million for the first time by the 2024 financial year at the latest.

The complete 2021 half-year report is available on the IR website www.ir.helma.de within the publications section and under the following link:

https://ir.helma.de/websites/helma/English/320/publications.html

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.

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.

As a financing and building 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.

IR contact:
Elaine Heise, Management Investor Relations
Phone: +49 (0)5132 8850 345
E-Mail: ir@helma.de