Heliad Equity Partners GmbH & Co. KGaA / Quarter Results
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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
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
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
Heliad Equity Partners GmbH & Co. KGaA
Christoph D. Kauter
Phone: +49 69 71 91 59 65 39
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
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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