Brief: Helma Eigenheimbau AG Adjusts Forecast for 2022

HELMA Eigenheimbau AG

24/11/2022 21:30

Nov 24 (Reuters) - Helma Eigenheimbau Ag  H5EG.DE :
    * EQS-ADHOC: HELMA EIGENHEIMBAU AG ADJUSTS FORECAST
    * EQS-ADHOC: HELMA EIGENHEIMBAU AG ADJUSTS FORECAST
    * MANAGEMENT BOARD EXPECTS FY REVENUES TO REACH LOWER END OF
COMMUNICATED RANGE OF EUR 300 - 320 MILLION
    * FY EBT IS EXPECTED TO BE IN MID SINGLE-DIGIT MILLIONS
(PREVIOUSLY EUR 20 MILLION)
    * FORECAST READJUSTED DUE TO GUARANTEES AS A ONE-OFF EFFECT
AT
SUBSIDIARY DUE TO INSOLVENCY OF A MAJOR SUBCONTRACTOR
    * NEW ORDER INTAKE CONTINUED TO DECLINE IN A VERY DIFFICULT
MARKET
ENVIRONMENT IN SECOND HALF OF 2022.

Source text for Eikon:  ID:nEQ31Nxw5a 
Further company coverage:  H5EG.DE 
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