Heliad Equity Partners GmbH & Co. KGaA / Final Results
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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
Phone: +49 69 71 91 59 65 39
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
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: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Stuttgart
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