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HELIO summed up a successful year

HELIO published an annual report for the record breaking year in the 18-year history of the Issuer. As summarized the President of the Management Board:

in the period concerned, we have recorded successes in the field of current activities as well as in investment activities. As the financial statement data show, in the previous year we managed to generate the record-breaking revenues from sales in the history of the Company as well as record-breaking profits.

Relating this year’s results to the data for the prior business year (July 2008 – June 2009), HELIO S.A. noted 12-percent increase of sales, what at estimated development rate of the nuts and dries fruits market at 5-10% level, means the HELIO company was developing faster than the trade, and at the same time, the company’s position has become stronger. Increase of our share in the market is also proved with results of researches of reputable research agency as GfK Polonia is, indicating us as the quantitative sale leader of the nuts and dries fruits packed under the manufacturer’s brand as well as the leader in poppy-seed fillings category. Our efforts are visible also in non-financial aspects, including prestigious awards, such as Consumers' Golden Laurels 2010 [Złote Laury Konsumenta 2009] in the nuts and dries fruits category and in the garnish category [dodatki do ciast], as well as Statuette of FMCG Pearls of the Market 2010 [Statuetka Perły Rynku FMCG 2010] in the baking additives and the nuts and dries fruits category, and a title of Good Brands of 2010 (Dobra Marka 2010).

Moreover, last year we also undertook activities ensuring further growth of the Company. With regard to operating actions, it is worthwhile, first of all, to quote development of trade structures purposed to intensify our sales distribution channels, not used or poorly used up till now, as well as launching of a snack line of the nuts and dries fruits of the prestige HELIO GOLD brand, or establishing of foundations to introduce to the Company’s offer a new line of products such as HELIO caramel mixes. The referred activities should in relatively short time bear fruits of increased sales of the Company’s products, and at the same time, result in as effective as possible exploitation of the Issuer’s increasing opportunities of supply. Hence, it is worth to remind that the 2009/2010 year was the time of performance of investment project, the greatest one in the Company’s history of economic activity, i.e. construction of a new warehouse-manufacturing-office complex in Brochów near Sochaczew. Completion of the investment project scheduled in the 2010/2011 year will first of all affect the growth of manufacturing opportunities of the enterprise, as well as reduce its costs through improvement of internal logistics actions and owing to application of energy saving solutions. At the same time, with a view to improving productivity and enterprise economics, the Company provided also upgrade of current manufacturing-warehouse infrastructure of the enterprise, enriching particular process engineering lines with supplementary manufacturing modules, as well as replacing some of hitherto modules with more efficient ones.

Though wide activity in all areas of the Company’s activity was held, after all the Company maintained high efficiency of management, which reflected in 45-percent increase of net profit in comparison to the last year. Therefore, I believe that last year results will satisfy even the most demanding investors, especially as, the effects resulting from activities undertaken were not just temporary, but they allow execute further development plans, and at the same time, they enable successive growth of the Company’s value for the shareholders. Concurrently, I also believe that the in the near future means a period of continued development of HELIO S.A. Good prospects of the nuts and dries fruits trade, stable position of the Company on the domestic market as well as prospects to activate new markets after completion of the investment project in Brochów give sense of non-threat to the continued growth of economic activity scale of our enterprise.

Summarizing the 2009/2010 year I would also like to be thankful to all our shareholders for showed interest and belief in success of HELIO S.A. With a view of them we tried to improve the quality of communication with investors, what has been noticed by experts of capital markets, in whose opinion our Company has achieved the greatest progress within communication with the market, and has been promoted to high 65 position in the ranking of the Quoted Company of the Year (Giełdowa Spółka Roku) within a category: Relations with Investors.

Therefore, trusting further dynamic development of HELIO S.A., I encourage you to get acquainted in details with this annual financial report and to invest in this prospect Company.