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DDM Holding AG and DDM Treasury Sweden AB: Financial results January-June 2014
DDM Holding AG (Nasdaq OMX First North: DDM), a leading multinational investor and manager of distressed assets, and its subsidiary DDM Treasury Sweden AB (publ) today announced their Q2 2014 interim reports.
The complete interim reports are available on the group’s website, www.ddm-group.ch.
Commenting on the results, Mr. Gustav Hultgren, CEO of DDM Holding AG, said:
"Following the first quarter of 2014 with geopolitical turbulence and pressure on the Russian Ruble, the second quarter 2014 was characterised by two mile stone events. Firstly, preparations for the listing of DDM on Nasdaq OMX First North in Stockholm and secondly, increased portfolio investments.
During the second quarter 2014, we reengaged with investments in Russia and also made a first investment in Slovenia. During the first six months of 2014, DDM invested in portfolios to a total amount of EUR 7.1 M."
Today, at 10:00 a.m. CET, Gustav Hultgren will comment on development in a conference call with investors, analysts and media. The conference may be followed via webcast on www.ddm-group.ch or by telephone with dial-in numbers: Sweden: +46 8 519 990 30, Switzerland: +41 225 675 542 or United Kingdom: +44 207 660 2077.
Participants are advised to register via email to investor@ddm-group.ch.