DDM Holding AG: Q3 and YTD report January - September 2018
Record collections and successful refinancing lowering the cost of fundingHighlights third quarter 2018 Net collections increased by 153% to EUR 16.8M (Q3 2017: EUR 6.6M) Cash EBITDA increased by 188% and amounted to EUR 14.7M (Q3 2017: EUR 5.1M) Adjusted net profit for the period of EUR 0.3M excluding non-recurring items** Gross ERC at the end of September 2018 was EUR 250M (Q4 2017: EUR 250M) Cash on hand available for investments at the end of September 2018 was EUR 50M Highlights nine months 2018 Net collections increased by 74% to EUR 42.9M (9M