DDM Holding AG: Q4 and full year report January - December 2016
Net profit of EUR 5.3 million and strong cash flows for the yearHighlights 2016 · Net collections increased by 24% to EUR 34.2M (2015: EUR 27.5M) · Cash EBITDA increased by 35% and amounted to EUR 29.3M (2015: EUR 21.7M) · Net profit for the year of EUR 5.3M (2015: profit of EUR 1.8M) · A landmark transaction for DDM was completed in July, with EUR 17M invested in Slovenia · EUR 11M bond at 13% interest was issued in July to finance a portfolio acquisition in Slovenia · Loan repayments of about EUR 9.2M in H2 2016 · Pipeline of future transactions remains strong