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 282% to EUR 63.1M (16.5) · Cash EBITDA increased by 353% to EUR 59.3M (13.1) · Net profit for the period of EUR 5.2M (loss of 1.5) · Cash on hand at the end of September 2020 was EUR 52M (12 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 DDM Debt AB up