EQS Group-Ad-hoc: NEW VALUE AG / Key word(s): Half Year Results
27.11.2014 / 21:13
Release of an ad hoc announcement pursuant to Art. 53 KR. The issuer is solely responsible for the content of this announcement.
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Press Release

 
 
 
Financial statements of New Value AG for the first six months of the financial year 2014/2015 (as per 30.09.2014)

Baar, 28 November 2014 - Focus on realizing the harvesting strategy
The acquisition of a substantial block of shares by the Swiss Property Investment Group SA was not completed and as a consequence the envisaged capital increase and corresponding growth strategy couldn't be realized. The Board of Directors of New Value AG is therefore concentrating again on the implementation of its harvesting strategy. During the financial year 2014/15 the main focus is therefore directed towards the support of the portfolio companies. As in the previous period the Board is proceeding in the follow-up of the criminal and civil proceedings.
The equity value, equivalent to the Net Asset Value (NAV) of New Value AG, amounted to CHF 8.86 million as per 30.09.2014 (CHF 9.15 million as per 31.03.2014). The NAV per share decreased from CHF 2.93 at the beginning of the period to CHF 2.84. New Value AG reported a total loss of CHF 0.3 million for the first six months of 2014/15, compared to a loss of CHF 0.5 million in the previous year in the same period. The loss per share amounted to CHF 0.09.

The Half Year Report of the financial year 2014/2015 contains detailed information on the financial statements for the first six months and will be published in electronic form on New Value's website and in German only (www.newvalue.ch/index.php?id=19&L=0).

 
About New Value
New Value AG, which is listed on the SIX Swiss Exchange, invests directly in private companies with strong growth potential in Switzerland and neighbouring countries. New Value AG provides growth capital to promote innovative business models and supports the companies to market success. The companies included in the portfolio are mainly related to the cleantech and healthcare sectors.

Stock exchange listing SIX Swiss Exchange (www.six-swiss-exchange.com) Ticker symbol  NEWN (CH
Security number   1 081 986
ISIN   CH0010819867
Contact New Value AG, Zugerstrasse 8a, CH-6340 Baar, Switzerland    Dr Bernd Pfister 
   Phone +41 43 344 38 38
 pfister@newvalue.ch
 
Information/ 
downloads www.newvalue.ch Email: info@newvalue.ch End of ad hoc announcement

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27.11.2014 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.
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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: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Frankfurt in Open Market ; SIX  
 
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