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DGAP-Adhoc: HELMA Eigenheimbau AG publishes new order intake figures and confirms 2017 earnings estimates / Guidance for 2018-2019 converted to consolidated earnings before tax

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DGAP-Ad-hoc: HELMA Eigenheimbau AG / Key word(s): Incoming Orders/Forecast
HELMA Eigenheimbau AG publishes new order intake figures and confirms 2017
earnings estimates / Guidance for 2018-2019 converted to consolidated
earnings before tax

12-Jan-2018 / 12:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

*HELMA Eigenheimbau AG publishes new order intake figures and confirms 2017
earnings estimates / Guidance for 2018-2019 converted to consolidated
earnings before tax*

Lehrte, January 12, 2018 - HELMA Eigenheimbau AG achieved consolidated new
order intake of EUR 245.4 million in the 2017 financial year (FY 2016: EUR
286.8 million), around 5% below the expected minimum for 2017 new order
intake of EUR 258,1 million. While subsidiary HELMA Ferienimmobilien GmbH
reached a new record level, as planned, in the financial year elapsed, HELMA
Eigenheimbau AG and subsidiary HELMA Wohnungsbau GmbH fell short of their
targeted new order intake levels for 2017.

As a direct consequence of this, the company will not achieve its expected
consolidated revenue level of at least EUR 290.0 million for 2017, and now
anticipates consolidated revenue in 2017 approximately at, or slightly
above, the previous year's record level (FY 2016: EUR 263.8 million).
Nonetheless, consolidated earnings before tax in 2017 will most likely lie
in the targeted range, and amount to between EUR 18.5 million and EUR 19.5
million. This was due to an adjusted EBIT margin above planning. Based on an
approximately 31% tax rate and 4,000,000 shares outstanding, this would
generate earnings per share of between EUR 3.19 and EUR 3.36 for the 2017
financial year, thereby meeting both the company's and consensus analyst

*Guidance for 2018-2019 converted to consolidated earnings before tax*

The market environment for residential property in Germany remains
characterised by very high demand, which is even more pronounced in
conurbation regions than in other parts of the country.

Firstly, this continues to generate very attractive market opportunities for
HELMA Group products. In individual cases, such market opportunities can
also include the resale of developed land plots to investors, although the
company's clear focus remains on selling owner-occupier homes and holiday
properties to private end-buyers. The HELMA Group possesses an important
competitive advantage in this market environment, having been an early mover
in securing many land plots in sought-after locations.

On the other hand, due to very high market demand, resources to construct
such products at high quality levels are not always available in the scope
needed to realise all projects that are not yet in the sales stage by the
desired, earliest possible date, while at the same time achieve stably high
margins. In 2017, this prompted the Management Board of HELMA Eigenheimbau
AG to decide to continue to focus clearly on high quality and the highest
possible margin, consequently entailing a lower than originally expected
revenue growth rate.

For this reason, the company's Management Board at its meeting today passed
a resolution to withdraw its revenue planning for 2018 and 2019 and to
instead issue a forecast for consolidated earnings before tax. While the
previous multi-year revenue planning envisaged a mid-range compound annual
growth rate (CAGR) of around 14%, this growth rate is now taken as the
benchmark to forecast consolidated earnings before tax for 2018 and 2019.
Accordingly, consolidated earnings before tax of between EUR 21.0 million
and EUR 22.5 million are expected for the 2018 financial year, and between
EUR 23.5 million and EUR 26.0 million for 2019. This generates a range for
budgeted earnings per share of between EUR 3.62 and EUR 3.88 for 2018, and
between EUR 4.05 and EUR 4.49 for 2019. Given unchanged framework
conditions, from today's perspective nothing would suggest that the company
could not achieve a double-digit percentage growth rate in consolidated
earnings before tax in 2020, too.

The detailed preliminary results for the 2017 financial year will be
published on March 15, 2018.

*Investor Relations Contact:*
Gerrit Janssen, Management Board member/CFO
Tel.: +49 (0)5132 8850 345
E-mail: ir@helma.de

12-Jan-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: HELMA Eigenheimbau AG
Zum Meersefeld 4
31275 Lehrte
Phone: +49 (0)5132/8850-0
Fax: +49 (0)5132/8850-111
E-mail: info@helma.de
Internet: www.helma.de
ISIN: DE000A0EQ578
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt
(Scale), Hamburg, Stuttgart, Tradegate Exchange

End of Announcement DGAP News Service

645073 12-Jan-2018 CET/CEST

(END) Dow Jones Newswires

January 12, 2018 06:39 ET ( 11:39 GMT)

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