Heliad Equity Partners GmbH & Co. KGaA / Quarter Results 10.11.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- ++ Financial report published for third quarter of 2008 ++ Very sound financial basis for expansion of portfolio Heliad Equity Partners GmbH & Co. KGaA (DE0006047293/ WKN 604729) reported negative earnings after taxes of minus EUR 4.2 million in the third quarter of 2008 (Q3 2007: minus EUR 1.9 million). At EUR 79.8 million, shareholders' equity as reported in the balance sheet as of 30 September 2008 (31 December 2007: EUR 95.1 million) exceeded the market capitalisation at the same date of EUR 33.6 million by a clear margin. At quarters end, the Heliad Group reported an equity ratio of 74%. Current assets as of 30 September 2008 came to EUR 65.8 million (31 December 2007: EUR 31.6 million), while liquidity amounted to EUR 36.4 million (31 December 2007: EUR 5.3 million). At EUR 1.14 per share, Heliad's net asset value (NAV) as of 30 September 2008 was seven cents lower than in the second quarter 2008 primarily due to the price declines in Heliad's exchange-listed investments. Accordingly, the share price was quoted at a record discount of 58% to NAV on the reporting date. 'Our financial situation continues to be very sound. With our current portfolio, adequate liquidity and no bank debts due in particular to the sale of a portion of our portfolio to the English investor Greenpark Capital and a credit line with banks in the amount of EUR 20 million, we are very well equipped for the future,' said Ralf Flore, Chief Executive Officer of Heliad. 'In light of dropping market valuations due to the current situation in the financial markets, we are convinced that we will be able to expand our portfolio at attractive conditions in the near future.' The complete quarterly report can be downloaded from: http://www.heliad.de/investor-relations-1/publications/financial-reports ++ About Heliad Heliad is a listed investment company that focuses on companies in predominantly German-speaking countries that are undergoing a strong growth phase. Heliad invests into established, owner-run business models with sales of between 10 and 100 million Euro and a focus on service companies ('asset-light focus'). Heliad uses this investment focus and a buy-and-build strategy to position itself in an attractive niche between Venture Capital and large Buyouts. With around 4,000 employees, the current total of 13 companies within Heliads portfolio generate combined sales of more than 650 million Euro. More detailed information on the company is available at www.heliad.de. Contact: Heliad Equity Partners GmbH & Co. KGaA Thomas Kunder Chief Financial Officer Tel.: +49 (0) 69 71 91 59 65 39 E-Mail: investor-relations@heliad.de DGAP 10.11.2008 --------------------------------------------------------------------------- Language: English Issuer: Heliad Equity Partners GmbH & Co. KGaA Grüneburgweg 18 60322 Frankfurt am Main Deutschland Phone: +49 (0)69 719 15 965 0 Fax: +49(0)69 719 15 965 11 E-mail: info@heliad.de Internet: www.heliad.de ISIN: DE0006047293 WKN: 604729 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Heliad: Financial report published for third quarter of 2008
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