Helma’s decision to maximise margins at the expense of top-line growth amid the present market constraints seems to be bearing fruit, as illustrated by the solid earnings momentum in H118. Residential demand in Germany remains buoyant against the backdrop of a structural housing shortage. In the longer term, Helma’s robust land bank (representing a revenue potential of c €1.2bn according to management) should allow the company to benefit from these fundamentals. Helma’s
29 Aug 2018
Helma Eigenheimbau - High-margin projects starting to pay off
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Helma Eigenheimbau - High-margin projects starting to pay off
HELMA Eigenheimbau AG (0W0T:LON) | 0 0 (-0.4%) | Mkt Cap: 156.6m
- Published:
29 Aug 2018 -
Author:
Milosz Papst -
Pages:
4
Helma’s decision to maximise margins at the expense of top-line growth amid the present market constraints seems to be bearing fruit, as illustrated by the solid earnings momentum in H118. Residential demand in Germany remains buoyant against the backdrop of a structural housing shortage. In the longer term, Helma’s robust land bank (representing a revenue potential of c €1.2bn according to management) should allow the company to benefit from these fundamentals. Helma’s