Letter To Shareholders 3rd Quarter Of 2018.pdf

JDC_Q3_2018_EN_RZ_2.pdf
Preview of Letter to shareholders 3rd Quarter of 2018
🔗 Source: jdcgroup.de
📊 Size: 2.85 MB
📄 Pages: 14 pages
⬇️ Downloads: 42

Summary

JDC Group AG increased revenue by 12% in the first nine months of 2018 and 14% in the third quarter. The company won new key accounts and plans to invest in future technologies and personnel, aiming for organic growth of 20 million Euro in 2019 and 30 million Euro in 2020. JDC successfully placed a capital increase with institutional investors, strengthening equity for further growth and potential acquisitions. The company signed letters of intent with comdirect and Bavaria Wirtschaftsagentur GmbH, a subsidiary of BMW, for long-term collaborations. Consolidated revenue increased to 66.4 million Euro in the first nine months of 2018, with EBITDA falling slightly to 1,945 kEUR due to significant investments in IT and settlement platforms. Equity amounted to 35.8 million Euro at the end of September 2018, with an equity ratio of 43.5%.

Description

JDC Group AG increased revenue by 12% in the first nine months of 2018 and 14% in the third quarter.

Technical Information

  • File Format: PDF
  • File Size: 2.85 MB
  • Pages: 14
  • Language: EN
  • Total Downloads: 42
  • Last Updated: 7 days ago

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