Helma Eigenheimbau provides development, planning, sales, finance advisory and construction services for turnkey, low-rise domestic properties. It uses solid construction techniques, usually block and render. It operates in the surroundings of major cities such as Berlin, Dusseldorf, Dresden, Frankfurt, Hamburg, Hanover and Leipzig, as well as selected holiday locations.
In H121, Helma Eigenheimbau (Helma) reported a 41.2% y-o-y improvement in revenue to €161.4m and a 70.7% y-o-y increase in new order intake to €197.2m. With a significant land bank, offering c €1.8bn potential revenue to be realised over the next five to seven years, the company is well-positioned to continue its robust business expansion in all three segments. Management confirmed its guidance of total group revenue of €300–310m and EBT of €25–26m in FY21, targeting €400m and €40m, respectively, by 2024. The company also expects annual new order intake in FY21 to exceed the FY20 figure of €312.5m by 20–25%.