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H5E — HELMA Eigenheimbau AG News Story

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Brief: Helma Eigenheimbau H1 EBIT up by 29 pct at 6.3 mln euros

Aug 31 (Reuters) - Helma Eigenheimbau AG  H5EG.DE : 
    * Reports significant revenue and earnings growth in H1 2016 
    * In first half of 2016, Helma Group grew its revenue by 
around 34 pct year-on-year, from 77.0 million euros  ($85.81 
million) to 103.0 million euros 
    * Helma group grew its H1 revenue by around 34 pct 
year-on-year, from 77.0 million euros to 103.0 million euros 
    * H1 EBIT consequently grew by 29 pct to 6.3 million euros 
    * H1 net financial result amounted to -1.1 million euros in 
reporting period, leaving 3.6 million euros of consolidated net 
income after minority interests (H1 2015: 2.2 million euros) 
    * As in previous years, and due to weather-related 
conditions, helma group will generate most of it annual net 
income during second half of year in 2016 
    * Confirms FY forecast 
 
Source text for Eikon:  ID:nEQ63WfmSa  
Further company coverage:  H5EG.DE  
 
($1 = 0.8973 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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