Heliad Equity Partners: Q1 2010 EBT with turnaround into positive territory of EUR 0.81mn after minus EUR 1.76mn in Q1 2009 - 2010 full year EBITDA guidance in the range of between EUR 5mn and EUR 10mn confirmed


Heliad Equity Partners GmbH & Co. KGaA / Quarter Results
20.05.2010 11:12

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++ Heliad Equity Partners: Q1 2010 EBT with turnaround into positive territory of EUR 0.81mn after minus EUR 1.76mn in Q1 2009 ++ Sales increased by 13% to EUR 9.27 million 
++ Cash and equivalents at EUR 36.5 million 
++ 2010 full year EBITDA guidance in the range of between EUR 5mn and EUR    10mn confirmed

Heliad Equity Partners GmbH & Co. KGaA, Frankfurt am Main (ISIN: DE000A0L1NN5) released today its financial accounts for the first quarter of 2010. Compared to the same period in 2009, all financial ratios improved significantly which was the result of a clear increase of profitability. Revenues grew by 13% to EUR 9.27mn (Q1 2009: EUR 8.23mn). The operating result (EBITDA) climbed EUR 1.21mn to EUR 0.58mn (Q1 2009: minus EUR 0.63mn) with a jump of EBIT to EUR 0.62mn (Q1 2009: minus EUR 2.03n). Cash and equivalents stayed at the end of the first quarter at EUR 36.5mn (Q4 2009: EUR 41.1mn). The balance sheet in the amount of EUR 113.6mn displayed EUR 75.6mn of equity, which results in a stable equity ratio of 67% (Q4 2009: 67%).

Therefore, the development of the Q1 figures matched the estimations of the management of Heliad. Accordingly, management confirms the 2010 full year EBITDA guidance in the range of between EUR 5mn and EUR 10mn.
'After a stable positioning of our portfolio through the crisis in 2009, the direct operative and the hands-on approach have additionally paid off in 2010. As expected, the first quarter has proved well through the entire portfolio. We are positive for the full year and expect the positive earnings trend to strongly expand through the year. Besides the organic growth of the portfolio, we see the market opportunity for additional future acquisitions, which is underlined by our adequate liquidity', states Ralf Flore, CEO of Heliad Equity Partners.

++ About Heliad

Heliad is a listed investment company that invests in fast-growing, medium-sized companies in German-speaking countries. Heliad selects established, owner-managed business models with sales of between EUR 10 and 150 million, and focuses primarily on majority interests and controlling minority interests. Further information on the company is available at www.heliad.com.

Contact:
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




20.05.2010 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               Gr├╝neburgweg 18
              60322 Frankfurt am Main
              Deutschland
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, M├╝nchen, Stuttgart
 
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