Full year report January – December 2018
Highlights fourth quarter 2018 · Net collections increased by 79% to a record high EUR 22.7M (Q4 2017: EUR 12.7M) · Cash EBITDA increased by 83% and amounted to a record level of EUR 20.5M (Q4 2017: EUR 11.2M) · Net profit for the period of EUR 3.4M (Q4 2017: EUR 1.8M) · Gross ERC at the end of December 2018 was EUR 240M (Q4 2017: EUR 250M) · Cash on hand available for investment at the end of December 2018 was EUR 60M (Q4 2017: EUR 58M) · Investments in the Balkans of EUR 6M following regulatory approval · Buy-out of co-investor in Hungary resulting in EUR 2M gain