DGAP-News: Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Final
Results
Heliad Equity Partners GmbH & Co. KGaA publishes 2011 Annual Figures
30.03.2012 / 19:47
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Frankfurt am Main, 30 March 2012 - Heliad Equity Partners (ISIN:
DE000A0L1NN5) has today published its definitive results for the 2011
financial year. The company generated consolidated sales (IFRS) of EUR 41.7
million from continuing operations in 2011 (previous year: EUR 51.4
million). At EUR 4.6 million, operating earnings (EBITDA) were positive
(previous year: EUR 7.1 million). Net result for period significantly
improved to EUR 4.3 million (previous year: EUR -24.8 million). In the
previous year, discontinued operations had negatively affected net income
while the effect was positive this year. Net income of EUR -9.8 million was
reported for continuing operations (previous year: EUR 9.7 million). This
figure was negatively affected in particular by devaluation of listed
investments to account for the negative performance on the capital markets
in the second half of 2011.
With total assets of EUR 83.5 million (previous year: EUR 131.1 million),
the consolidated balance sheet showed a significantly higher equity ratio
of 66 % (previous year: 39 %). Following successful disposals in 2011, cash
and cash equivalents less financial liabilities increased to EUR 34.4
million in 2011 (previous year: EUR 30.7 million). The net asset value per
share amounted to EUR 5.31 as of 31.12.2011 (previous year: EUR 5.62).
Following numerous disposals in the year 2011 and the completion of the
portfolio streamlining, Heliad aims to make an increasing number of new
investments in the 2012 financial year. Further selective sales of
investments are also planned. The company's management believes that Heliad
is well positioned to generate positive consolidated net income in the year
2012 and to secure the company's successful long-term development by making
new investments.
The Annual Report will be published today in the Investor Relations section
of Heliad's website at www.heliad.com.
The company's Annual General Meeting is expected to be held in Frankfurt am
Main on 3 July 2012.
About Heliad
Heliad is an investment company that supports companies in growth and
change phases
as Equity Partner. Special criteria of the investment strategy are the
active support of investment companies and the ability to implement
appropriate individual
financing solutions. Thus Heliad invests in listed and unlisted companies
and can
invest in majority and minority interests. Further information about Heliad
can be found at: www.heliad.com
Contact
Heliad Equity Partners GmbH & Co. KGaA
Grüneburgweg 18
D - 60322 Frankfurt am Main
Investor Relations
Tel.: +49 (0)69 71 91 59 65 0
E-mail: investor-relations@heliad.com
Press
edicto GmbH
Axel Mühlhaus
Tel.: +49 (0)69. 90 55 05 52
E-mail: amuehlhaus@edicto.de
End of Corporate News
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30.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Heliad Equity Partners GmbH & Co. KGaA
Grüneburgweg 18
60322 Frankfurt am Main
Germany
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: Freiverkehr in Berlin, München, Stuttgart; Open Market
(Entry Standard) in Frankfurt
End of News DGAP News-Service
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163362 30.03.2012
DGAP-News: Heliad Equity Partners GmbH & Co. KGaA publishes 2011 Annual Figures
| Source: EQS Group AG