DGAP-News: Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Final Results
- Heliad publishes its 2017 annual report
- Profits on record level due to portfolio sales and write-ups on listed investments
- Sustainable dividend policy (EUR 0.20 per share)
Frankfurt am Main, 28 March 2018 - Heliad Equity Partners (ISIN: DE000A0L1NN5, HPBK.GR) publishes its fiscal 2017 figures today.
Mainly due to write-ups on our listed investments, group profits (IFRS) were significantly higher than last year at EUR 39.1 million (previous year: EUR -21.9 million).
Mainly due to sales of shares in FinTech Group AG, the separate financial statement of the parent company (HGB) shows a profit of EUR 3.4 million (previous year: EUR -2.9 million).
At the end of the year, Heliad's stock trade at a discount of about 22% off its net asset value, which was EUR 12.22 per share as at 31 December 2017 (previous year: EUR 8.43 per share).
In line with our continuous, sustainable dividend policy, Heliad's management will propose at the Annual Shareholders' Meeting that a dividend of EUR 0.20 per share be paid to shareholders for this past fiscal year.
The full annual report will be published on www.heliad.com in the Investor Relations area.
The Company's Annual Shareholders' Meeting will be held on 14 June 2018 in Frankfurt am Main.
Heliad (ISIN: DE000A0L1NN5 / Ticker: HPBK) is a German listed company focusing on young and fast-growing non-listed and listed private equity companies in the German-speaking countries.
Through its "Evergreen" structure, Heliad can operate without any fixed running time and can support entrepreneurs flexibly, individually and consistently on every stage of growth. In combination with an active, "hands-on" investment approach, Heliad is thus in a position to achieve significant excess returns in relation to other investment companies and equity funds for its shareholders. The Heliad shares thus benefit private and institutional investors from the chances of a diversified portfolio of the most interesting disruptive growth companies in the German-speaking countries by means of a daily liquid dividend stock. Information about Heliad can be found at www.heliad.com.
|Company:||Heliad Equity Partners GmbH & Co. KGaA|
|60322 Frankfurt am Main|
|Phone:||+49 69 71 91 59 65 0|
|Fax:||+49 69 71 91 59 65 11|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange|
|End of News||DGAP News Service|