DGAP-News: Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Half Year Results - Heliad publishes final figures for HY1 2018 - Strong result according to local GAAP (HGB) - Lower stock prices weaken the result according to IFRS - Positive outlook for HY2
According to local GAAP (HGB) and mainly due to the sale of shares in FinTech Group AG, Heliad reports a result as of June 30th, 2018 of EUR 9,2 Mio., again strong above prior year (EUR 4,9 Mio.). Using IFRS accounting principles, the net result is EUR -15,8 Mio. (PY: EUR 10,8 Mio.), mainly due to lower stock prices of almost all listed portfolio companies, compared to December 31th, 2017. The balance sheet equity decreased accordingly. The net asset value per share as of June 30th, 2018 is EUR 10.38 (December 31st, 2017: EUR 12.22) and the equity ratio is 99.2% (December 31st, 2017: 97.6%). For the second half of 2018, Heliad's management expects an upward trend in the stock market prices of the listed portfolio companies, so that the outlook for the full year is positive. Heliad's half-year report will be published at www.heliad.com (Investor Relations section). Contact
28.09.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Heliad Equity Partners GmbH & Co. KGaA |
Grüneburgweg 18 | |
60322 Frankfurt am Main | |
Germany | |
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 |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |