DDM Holding AG: Q1 2017 report
Strong portfolio performance and significant capital raised to support major growth in the coming monthsHighlights first quarter 2017 · Adjusted net profit of EUR 0.6M, excluding non-recurring items related to the refinancing · Net collections increased by 3% to EUR 8.1M (Q1 2016: EUR 7.9M) · Cash EBITDA increased by 5% and amounted to EUR 7.0M (Q1 2016: EUR 6.6M) · Net loss for the period of EUR 2.5M (Q1 2016: profit of EUR 0.1M) due to non-recurring items totaling approximately EUR 3.1M for the remaining transaction costs on the old bonds (non-cash) and the call premium for