Focus on Cleantech and Healthcare - Growth funding in the amount of CHF 11.9 million

Please login or
register
14.06.2011
New Value AG (SIX: NEWN), the investment company specialized in promoting young growth companies, focused its portfolio in the financial year 2010/2011, which ended March 31, 2011, on the two growth fields of Cleantech and Healthcare. New Value participated in eight growth funding transactions with existing portfolio companies and made one new investment for a total investment of CHF 11.9 million. Of this, CHF 3.5 million were allotted to the new investment Sensimed SA, a spin-off of the Sw

The Net Asset Value (NAV) of New Value decreased to CHF 63.16 million (previous year CHF 77.29 million). Accordingly, the NAV per share decreased to CHF 21.01 from CHF 24.27 at the beginning of the period. This corresponds to a decrease of 13.4%. Primarily as a result of the sale of the FotoDesk Group investment and the associated write-offs of CHF 8.9 million, New Value recorded in total a loss of CHF 10.3 million in the financial year 2010/2011 (previous year profit of CHF 10.0 million after the disposal of the investment in Meyer Burger/3S). The loss per share amounted to CHF 3.54.

New Value will publish its annual report 2010/2011 with detailed information on year-end results on July 1, 2011. The General Meeting will take place on August 17, 2011 on the grounds of the planned new production plant for solar modules of Solar Industries AG in Langenthal.

Information about New Value AG
New Value is the pioneer for sustainable direct investments in young Swiss growth companies. New Value, listed at SIX Swiss Exchange, invests directly in promising private companies in Switzerland and neighboring countries with above-average market and growth potential. As an investment company, New Value promotes innovative business models with venture capital and accompanies those to market success. The portfolio covers companies of different stages of development, starting with the market introduction phase up to medium-sized enterprises with stable profits. The portfolio contains companies active in Cleantech and Healthcare. New Value assigns great value to ethical business concepts and good corporate governance while selecting their portfolio companies. With impact investing New Value creates ethical added value – an entrepreneurial approach based on a unique combination of economical and ethical performance. Since the formation of New Value, EPS Value Plus AG, Zurich, has served as investment advisor. Listing SIX Swiss Exchange (www.six-swiss-exchange.com) Xetra, Open Market Frankfurt, Berlin, Düsseldorf, Stuttgart and Munich Ticker symbol NEWN (CH), N7V (D) Sec. no. 1 081 986; Security code no 552 932 ISIN CH0010819867

Contact New Value AG
Tel. +41 43 344 38 38
Rolf Wägli Tel. +41 43 344 38 38, waegli@newvalue.ch
Peter Letter Tel. +41 43 344 38 18, letter@newvalue.ch Information/ www.newvalue.ch
Email: info@newvalue.ch
Downloads www.epsvalueplus.ch Email: info@epsvalueplus.ch

0Comments

rss