Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Quarter Results
12.05.2011 19:35
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Heliad publishes quarterly report for Q1 2011
Ad-hoc announcement pursuant to § 15 WpHG
Frankfurt am Main, 12 May 2011 - Heliad Equity Partners (ISIN:
DE000A0L1NN5) publishes its definitive figures for the first quarter 2011
as of today. The company generated consolidated sales from continuing
operations of EUR 7.9 million (IFRS) in the first quarter 2011 (Q1 2010:
EUR 9.3 million). Operating earnings (EBITDA) as of EUR -0.9 million are
below previous year figures (Q1 2010: EUR 0.6 million). At EUR 1.2 million,
consolidated net income at continuing operations exceeded the corresponding
previous year's quarterly group net income of EUR 0.1 million. Discontinued
operations positively affected consolidated net income with an amount of
EUR 14.9 million. This contribution to net income results mainly from
effects of the deconsolidation of RT group due to insolvency filing (EUR
18.3 million) and is not liquidity-related.
At EUR 116 million, the total assets reported in Heliad's consolidated
balance sheet were 12 percent lower than in the previous year (12/31/2010:
EUR 131 million). Liquid funds less financial liabilities decreased to EUR
19.2 million (12/31/2010: EUR 30.7 million) due to repayments of short-term
other liabilities. The net asset value amounted to EUR 6.03 per share as of
31 March 2011 (12/31/2010 EUR 5.62 per share).
Information and Explaination of the Issuer to this News:
In connection with the publication of figures for the first quarter 2011,
Andreas Lange (CEO) and Melanie Buesing (Finance Director) will report the
results on 16 May 2011 at 2.00 p.m. (CEST).
To get the dial-in details please call edicto GmbH, Diane Selge:
+49 (0)69 90 55 05 53
The quarterly report will be released under www.heliad.com as of tomorrow
in German and on Monday, May 16, 2011 in English.
Heliad's Annual General Meeting will be held in Frankfurt am Main on 29
June 2011.
About Heliad
Heliad is an investment company that invests in high-growth companies
mainly in German-speaking countries. In this, Heliad focuses on markets
with long-term growth potential. Characteristic of Heliad's investment
strategy is the way it closely accompanies entrepreneurially-minded
portfolio companies by providing active support in terms of their strategy
and operations. Further information about Heliad can be found at
www.heliad.com.
Contact
Heliad Equity Partners GmbH & Co. KGaA
Grüneburgweg 18
D - 60322 Frankfurt am Main
Investor Relations
Melanie Büsing
Finance Director
Tel.: +49 (0)69 71 91 59 65 0
E-mail: investor-relations@heliad.com
Press
edicto GmbH
Axel Mühlhaus
T +49 (0)69. 90 55 05 52
amuehlhaus@edicto.de
Contact:
Heliad Equity Partners GmbH & Co. KGaA
Melanie Büsing
Finance Director
Phone: +49 69 71 91 59 65 0
E-mail: investor-relations@heliad.com
12.05.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Heliad Equity Partners GmbH & Co. KGaA
Grüneburgweg 18
60322 Frankfurt am Main
Deutschland
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 Berlin, München, Stuttgart
End of Announcement DGAP News-Service