DDM provides business update with record collections and cash EBITDA

DDM Holding AG (First North Growth Market: DDM) is publishing the following business update for the full year 2020. Record net collections of above EUR 110 million and cash EBITDA of about EUR 100 million. Strong capital position with an equity ratio in the DDM Debt Group of about 30%. Estimated Remaining Collections (120 months) at 31 December 2020 of over EUR 250 million. The majority of the ERC is secured and is expected to be received in the next three years. Cash of EUR 31 million and net debt has decreased by 34% compared to end of 2019 standing at EUR 90 million in the