Heliad Equity Partners GmbH & Co. KGaA / Quarter Results
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Heliad Equity Partners posted a record result in the first three months of
the fiscal year 2007 (1 January to 31 March 2007). The period result
improved to €4.3 million after a €3.5 million in the equivalent quarter of
the previous year. Thus in the first quarter over a third of the entire
result of the previous total year was earned. Earnings per share totalled
€0.06 in the first quarter.
At €1.33 to the end of the quarter, the net asset value posted a new high.
Since then, the net asset value continued to rise, reaching the record
figure of €1.35 to 30 April 2007, which shows the very positive, continuous
development of Heliad's portfolio.
Also the extension of Heliad´s portfolio made progress in the first
quarter: Heliad could make two promising investments of each €3 million in
two new partner funds: Invision Capital Partners IV and Neuhaus III. Both
funds ideally supplement the portfolio in the Early Stage (Neuhaus) and
Growth Capital (Invision) investment segments.
In addition, in the first quarter the groundwork was laid for further
important direct investments, which could be finally closed in the current
second quarter: ecolutions GmbH & Co. KGaA (www.ecolutions.de) and RT
The core existing portfolio companies remained on growth track in the first
quarter and most of the companies expect to close this year with the best
result in the respective company history. However, this positive
development of the core portfolio companies has not yet been reflected in
the Heliad NAV, as most of the companies in the portfolio are still
accounted for at cost. If the positive operating trend of the portfolio
companies continues, a considerable increase in the NAV is expected soon.
After three new investments were reported since the capital increase in
November 2006, Heliad is currently working on the final closing of two new
investments, for which great potential is anticipated by Heliad's
management. In addition, the company is continuously examining further
promising investments. From the current perspective, the company's
disposable liquidity is sufficient for two to three additional investments
in 2007 besides the two upcoming closings.
After the IPOs of CFC and C-QUADRAT at the end of 2006, the
Heliad management expects two or three exits in 2007 in the form of IPOs,
trade sales or recapitalisations out of the portfolio.
The full quarterly report is available in the internet at
Heliad Equity Partners (WKN: 604 729) is a private equity company that
concentrates mainly on companies in German-speaking countries. Investments
are made in companies that are in a strong growth phase or a special
situation. The aim is to produce an above-average risk/return ratio for the
shareholders. With Heliad Equity Partners, the investor thus participates
in a concentrated fashion in the growth opportunities not only of
traditional German medium-sized companies, but also of aspiring German
Heliad's portfolio companies currently employ more than 2.500 people.
Further information on the company is available at www.heliad.de.
Heliad Equity Partners GmbH & Co. KGaA
Chief Financial Officer / Investor & Press Relations
Tel.: +49 (0) 69 71 91 59 65 28
Issuer: Heliad Equity Partners GmbH & Co. KGaA
60322 Frankfurt am Main Deutschland
Phone: +49 (0)69 719 15 965 0
Fax: +49(0)69 719 15 965 11
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, München, Stuttgart
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