DDM Holding AG and DDM Treasury Sweden AB: Financial results January-September 2014
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 Q3 2014 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:
“Following our successful listing on Nasdaq First North Stockholm, our investments increased in the third quarter of 2014 and we have entered new markets. Since the start of the year, we have invested more than EUR 15 million. Entering the fourth quarter, our pipeline of future investments remains strong.
During the third quarter, we have capitalised on the origination efforts we made in the spring. We are pursuing our strategy of geographical diversification by making significant investments outside our traditional core-markets of Russia and Romania. During the first nine months of 2014, we have entered two new markets, Poland and Slovenia, and re-entered the Czech Republic. We expect these investments to start generating cash flow during the fourth quarter 2014.”
For more information, please contact:
Anders Antonsson, Investor Relations
Mail: email@example.com | Tel: 46 8 4080 9030
DDM Treasury Sweden AB (publ) (NGM: DDM1) is a subsidiary wholly owned by DDM Holding AG. DDM Holding AG is a multinational investor and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Eastern Europe, with over 2 million receivables in nominal value over EUR 1.4 billion.