Heliad Equity Partners: Positive net surplus for period (Q1-Q3 2010) of EUR 0.44 per share ++ EBITDA rises year-on-year by 188% ++ Stable equity ratio of 60% ++ Further fund disposals contribute EUR 1.1 million to earnings

Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Quarter Results
30.11.2010 08:06

Heliad Equity Partners GmbH & Co. KGaA, Frankfurt am Main (ISIN: DE000A0L1NN5), today published its consolidated financial statements for the third quarter of 2010. The company has posted substantial year-on-year growth in all of its key earnings figures for the first three quarters of the financial year. Heliad boosted its net surplus for the period after minority interests to EUR 4.7 million (Q1-Q3 2009: EUR -1.1 million) equalling EUR 0.44 per share. Operating earnings before interest, taxes, depreciation and amortisation amounted to EUR 2.3 million (Q1-Q3 2009: EUR 0.8 million).

Of Heliad's consolidated sales of EUR 40.8 million (Q1-Q3 2009: EUR 23.8 million), a total of EUR 26.4 million was attributable to the operating business at the subsidiaries (Q1-Q3 2009: EUR 23.8 million). Furthermore, sales of financial assets contributed EUR 14.3 million to consolidated sales (Q1-Q3 2009: EUR 0.0 million).

These sales of financial assets mainly involved fund investments successfully disposed of at a profit of EUR 1.1 million within the framework of the strategic portfolio streamlining process.
Heliad expanded its shareholding in the RT Gruppe to a majority stake in the third quarter and fully consolidated this company from 1 July 2010. This has extended the balance sheet. In particular, goodwill, property, plant and equipment and non-current liabilities have increased on account of the initial consolidation of the RT Gruppe. Total assets amounted to EUR 131.8 million as of 30 September 2010 (31 December 2009: EUR 114.7 million).

Heliad still has a stable equity ratio of 60% (31 December 2009: 67%) and group liquidity of EUR 33.8 million (31 December 2009: EUR 29.3 million).
'The positive earnings figures for the first three quarters of 2010 show that Heliad is on the right track and that its investments and subsidiaries are performing stably', commented Bernd Sexauer, Heliad's CEO. 'With our profitable fund disposals, we have successfully pressed ahead this year with sharpening our strategic profile. At the same time, we can use the liquid funds received from these transactions to acquire attractive majority shareholdings in the services sector in line with our investment strategy. To enable Heliad's shareholders to participate in this positive performance, we plan to propose a dividend distribution for approval by the 2011 Annual General Meeting.'

The group interim report for the third quarter of 2010 can be downloaded from the Investor Relations section of the company's website at www.heliad.com from 30 November 2010.

++ About Heliad

Heliad is a group of companies that invests in high-growth German companies and offers them hands-on support in their further development. Heliad typically invests in companies that generate annual sales in excess of EUR 10mn and generally acquires majority shareholdings. Further information about the company can be found at www.heliad.com.

Heliad Equity Partners GmbH & Co. KGaA
Bernd Sexauer
Phone: +49 69 71 91 59 65 0
E-mail: investor-relations@heliad.com

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Language:     English
Company: Heliad Equity Partners GmbH & Co. KGaA               Gr├╝neburgweg 18
              60322 Frankfurt am Main
Phone:        +49 69 71 91 59 65 0
Fax:          +49 69 71 91 59 65 11
E-mail:       info@heliad.com
Internet:     www.heliad.com
ISIN:         DE000A0L1NN5
WKN:          A0L1NN
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr               in M├╝nchen, Berlin, Stuttgart
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