NEW VALUE AG
NEW VALUE AG: Year-end report financial year 2014/15
NEW VALUE AG / Key word(s): Final Results / Baar, June 26, 2015 – Focus on realizing the harvesting strategy After the clarification of shareholder positions, the Board of Directors of New Value AG can concentrate again on the implementation of its harvesting strategy. In the fiscal year 2014/15 talks with potential buyers of portfolio companies were started. These talks continue during the financial year 2015/16. Intensive discussions are also being held with the D&O-insurance of the former Directors to enforce New Value’s claim for damages. The Net Asset Value (NAV) of New Value AG as per March 31, 2015 decreased to CHF 8.55 million (previous year CHF 9.15 million). The NAV per share decreased accordingly from CHF 2.93 at the beginning of the period to CHF 2.63. New Value AG recorded in total a loss of CHF 0.85 million in the financial year 2014/15 (previous year loss of CHF 0.58 million). The loss per share amounted to CHF 0.27. New Value AG will publish its annual report 2014/15 with detailed information on year-end results today. The report will only be available on the website of New Value AG (www.newvalue.ch/index.php?id=19&L=1) and only in German. Stock exchange listings: SIX Swiss Exchange (www.six-swiss-exchange.com)
End of ad hoc announcement 2015-06-26 News transmitted by EQS Schweiz AG. www.eqs.com – news archive: http://switzerland.eqs.com/de/News The issuer is responsible for the contents of the release. |
Language: | English | |
Company: | NEW VALUE AG | |
Zugerstrasse 8a | ||
6340 Baar | ||
Switzerland | ||
Phone: | +41 43 344 38 38 | |
Fax: | ||
E-mail: | info@newvalue.ch | |
Internet: | www.newvalue.ch | |
ISIN: | CH0010819867 | |
Valor: | 552932 | |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market in Frankfurt ; SIX | |
End of News | EQS Group News-Service |
372331 2015-06-26 |