DDM Holding AG and DDM Treasury Sweden AB: Financial results first quarter 2015

DDM Holding AG (First North: DDM), a multinational investor and manager of distressed assets, and its subsidiary DDM Treasury Sweden AB (publ), today announced their  Q1 2015 interim reports.

The complete interim reports are available on the group’s website, www.ddm-group.ch

Commenting on the results, Mr. Gustav Hultgren, CEO of DDM Holding AG, said:
“DDM continues to grow its investments and increase its ERC (Estimated Remaining Collections). Gross ERC has increased 36% compared to first quarter 2014. As a result of the increased investments, net collections in the first quarter of 2015 amounted to EUR 5.7M, an increase of 102% compared to first quarter 2014, partly driven by some portfolios performing better than the average collection curve.”

In the market outlook, Mr Hultgren said: “Due to our efforts to broaden DDM’s geographical scope to include several more markets apart from our traditional markets, Russia and Romania, we are seeing a sharp increase of invites to bid for large portfolios. This, together with our cooperation with capital-strong partners, gives us confidence that we are in a position to significantly increase our investments compared to 2014.”

For more information, please visit DDM’s website at www.ddm-group.ch or contact:

Anders Antonsson, Investor Relations
Mail: a.antonsson@ddm-group.ch | Tel: 46 8 4080 9030

DDM Holding AG (Nasdaq First North Stockholm: DDM) is a multinational investor and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Eastern Europe, with 2.2 million receivables in nominal value over EUR 1.7 billion. DDM Treasury Sweden AB (publ) (NGM: DDM1) is a subsidiary wholly owned by DDM Holding AG. Pareto Securities is DDM Holding AG’s Certified Adviser.


About Us

DDM Holding AG (First North: DDM) is a multinational investor in and manager of distressed assets, offering the prospect of attractive returns from the expanding Southern, Central and Eastern Europe market. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, and has acquired 2.3 million receivables with a nominal value of over EUR 3.5 billion. For sellers (banks and financial institutions), management of portfolios of distressed assets is a sensitive issue as it concerns the relationship with their customers. For these sellers, it is therefore critical that the acquirer handles the underlying individual debtors professionally, ethically and with respect. DDM has longstanding relations with sellers of distressed assets, based on trust and the Company’s status as a credible acquirer. The banking sector in Southern, Central and Eastern Europe is subject to increasingly stricter capital ratio requirements resulting in distressed assets being more expensive for banks to keep on their balance sheets. As a result, banks are increasingly looking to divest portfolios of distressed and other non-core assets. DDM Holding AG, the Parent Company, is a company incorporated and domiciled in Baar, Switzerland and listed on Nasdaq First North in Stockholm, Sweden, since August 2014.


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