Q3 and YTD report January – September 2020
Restructuring of Greek transaction resulted in accelerated collections and confirms credit quality in challenging marketHighlights third quarter 2020 · Net collections increased by 292% to EUR 62.1M (15.8) · Cash EBITDA increased by 330% to EUR 58.6M (13.6) · Net profit for the period of EUR 5.1M (loss of 1.2) · Cash on hand at the end of September 2020 was EUR 51M (11 at December 2019) · Greek restructuring resulted in accelerated collections of approximately EUR 55M · Written procedure completed with certain amendments to the terms and conditions of the up to EUR 160M