DGAP-Adhoc: NEW VALUE AG: Annual result FY 2013/14
NEW VALUE AG / Key word(s): Final Results
27.06.2014 06:00
Release of an ad hoc announcement pursuant to Art. 53 KR
---------------------------------------------------------------------------
/
Press Release
New Value's Annual Result 2013/14 (as of March 31, 2014)
Baar, June 27, 2014 - Stabilization of New Value in the financial year
2013/14 and positive performance of the portfolio companies.
In the previous difficult years the focus was on the viability and
stabilization of New Value AG and on the strategic development of the
portfolio companies. These activities started to pay off in the financial
year 2013/14 and the losses of the previous periods could be significantly
reduced. The valuation of two portfolio companies could be increased while
value adjustments only had to be recognized for two minor participations.
Despite substantial cost reductions the operational expenses remain however
higher than the gains in the valuation.
The Net Asset Value (NAV) of New Value AG as per March 31, 2014 decreased
to CHF 9.15 million (previous year CHF 9.73 million). The NAV per share
decreased accordingly from CHF 3.11 at the beginning of the period to CHF
2.93. New Value AG recorded in total a loss of CHF 0.58 million in the
financial year 2013/14 (previous year loss of CHF 8.65 million). The loss
per share amounted to CHF 0.19.
New Value AG will publish its annual report 2013/14 with detailed
information on year-end results today. The report will only be published on
the website of New Value AG (www.newvalue.ch/index.php?id=19&L=1) and only
in German.
The Annual General Shareholders Meeting will take place on August 21, 2014.
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 listings: SIX Swiss Exchange (www.six-swiss-exchange.com)
Ticker symbols 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
27.06.2014 News transmitted by EQS Schweiz AG.
The issuer is responsible for the contents of the release.
EQS publishes regulatory releases, media releases on the capital
market and press releases.
The EquityStory Group distributes authentic and real-time financial news
for over 1'300 listed companies.
The Swiss news archive can be found at www.equitystory.ch/news
---------------------------------------------------------------------------
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
End of Announcement EQS Group News-Service
---------------------------------------------------------------------------