Heliad Equity Partners releases full year 2009 figures - Guidance for 2010 operating result in the range between 5 and 10 million Euro

Heliad Equity Partners GmbH & Co. KGaA / Final Results
20.04.2010 08:30

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 Equity Partners (ISIN: DE000A0L1NN5) releases today the final figures for the financial year 2009 and confirms the preliminary figures released on March 18th 2010. Thus, the company generated a consolidated IFRS group sales in the amount of EUR 32mn (2008: EUR 69.3mn), an operating result (EBITDA) of minus EUR 1.2mn (2008: EUR 5.9mn) and net earnings which were driven by write-offs on the existing portfolio in the amount of minus EUR 9.9mn (2008: minus EUR 28.6mn).

The group balance sheet of Heliad as of the 31st of December 2009 showed an increase in volume by 20% to EUR 115mn (2008: EUR 96mn). Equity grew to EUR 77mn (2008: EUR 65mn) with debt in the amount of EUR 37mn (2008: EUR 31mn). Hence, Heliad has a solid equity ratio of 67%. Heliad's balance sheet contains long-term assets of EUR 49mn (2008: EUR 31mn) and short-term assets (cash, equivalents and receivables) of EUR 66mn (2008: EUR 65mn). Cash and equivalents improved to EUR 41mn (2008: EUR 36mn). On the basis of the fully consolidated amount of 12.3mn shares, this equates to cash and equivalents of EUR 3.33 per share. NAV as of the 31st of December 2009 stayed at EUR 6.44 per share.

In the course of the improving economic environment in the German 'Mittelstand', Heliad forecasts a fully consolidated operating result (EBITDA) for 2010 between 5 and 10 million Euro and a positive development of the existing portfolio.

The full year report and the group statements will be released under www.heliad.com at the end of April.

Heliad Equity Partners GmbH & Co. KGaA
Christoph D. Kauter
Deputy CEO
Phone: +49 69 71 91 59 65 39
E-mail: investor-relations@heliad.com

20.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. 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
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
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