Collections stronger than expected from major portfolios

Highlights first quarter 2015

  • Net collections during the first quarter 2015 increased by 14 percent to SEK 29.3M (25.6)

  • Cash EBITDA amounted to SEK 28.3M (23.2)

  • After the balance sheet date, a process was initiated to extend the tenor of DDM Treasury’s existing SEK 300M senior bond and increasing framework to SEK 700M

Excerpts from the three month report:

Comment by the CEO:

"Net collections during the quarter rose to SEK 29.3M, a significant 14% increase compared to the first quarter of 2014. This significant increase in collections was partly driven by some portfolios performing better than the average collection curve."

For more information, please contact:

Anders Antonsson, Investor Relations
Mail: | Tel: 46 8 4080 9030

DDM Treasury Sweden AB (publ) (NGM: DDM1) is a subsidiary wholly owned by DDM Holding AG. DDM Holding AG (First North: DDM) is a leading 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.


About Us

DDM Treasury AB (publ) is a subsidiary of DDM Holding AG (First North: DDM) a leading acquirer and manager of distressed assets, offering the prospect of attractive returns from the expanding Central and Eastern Europe market. Since 2007, the DDM Group has built a successful platform in Central and Eastern Europe, currently managing 2.3 million receivables with a nominal value of over EUR 2 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 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.