Ad-hoc | 6 May 2008 07:36
NEW VALUE AG / Miscellaneous
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Information for the 4th Quarter 2007/08 (per 31 March,2008)
Share price more stable than stock market – NAV increases by 37% to CHF
27.31 in fiscal year 2007/2008
In the fiscal year 2007/2008, the Net Asset Value of the New Value
Portfolio increased by 37% to CHF 27.31. Although, in the fourth quarter
2007/2008 (January to March 2008), the Net Asset Value adjusted downwards
by CHF -2.45 per share (-8%). In the turbulences of the subprime crisis,
the new value stock price declined by -5.5% to CHF 20.80 until 31 March,
2008. However, in the last 12 months, the performance was +23.8%. In the
period under review, New Value consequently pursued its expansion strategy
and extended the portfolio with an investment in the swiss technology
company Silentsoft SA, located in Morges in the canton of Vaud. New Value
participated in additional financing rounds of the portfolio companies
Mycosym International AG, Natoil AG and Swiss Medical Solution AG.
In the period under review, the international financial crisis has put
heavy pressure on the stock markets (SPI Index -13.8%). Particularly the
financial stocks and Private Equity companies were negatively affected. The
New Value stock also bowed to this unfriendly environment, but only by
-5.5% since the beginning of January 2008, considerably less than the index
for Listed Private Equity LPX (-23.1%). While Investors mainly punished
leveraged buyout companies, New Value focusses on growth capital for solid
business models with sustainable technologies without applying leveraged
financing.
The portfolio companies 3S Swiss Solar Systems and Meyer Burger Technolgy
both obtained record results in 2007. 3S doubled their sales to CHF 25.4
Mio. and improved the EBIT margin to 10%. 3S is expecting further growth in
the current fiscal year with a sales forecast of CHF 60 Mio. (+236%). The
Net sales of Meyer Burger increased by 152% to CHF 208 Mio. and EBIT rose
by 212% to CHF 25 Mio. in 2007. Solar Industries AG, the third solar
company in the portfolio of New Value, agreed to a strategic partnership
with the Italian company MX Group (MXG). MXG is specialised in solar energy
by operating along the value chain of solar module production. In the
coming months, Solar Industries plans to invest in other promising
companies, either developed or early stage.
In February 2008, New Value invested in Silentsoft and acquired a stake of
15.8%. Silentsoft is a pioneer in the M2M business, beginning its
activities back in 2000 as a start-up in the PSE Parc Scientific at the
EPFL in Lausanne. Silentsoft has become the European leader in the
provision of M2M operator services to the building management sector. The
company has developed a proprietary technology, as well as operation
processes and software to build, operate and maintain large size networks
for monitoring of remote devices. In addition, New Value participated at
financial rounds of portfolio companies. At Mycosym International AG and
Swiss Medical Solution AG, the existing loans were increased by CHF 0.12
Mio. and CHF 0.18 Mio. At Colorplaza SA, a new loan of CHF 0.3 Mio. was
granted.
Information about New Value AG
New Value, officially quoted at the SWX Swiss Exchange, invests directly in
private and rising companies from Switzerland or the rest of the
German-speaking region 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 maturity levels, starting with the market
introduction phase up to the establishment as medium-sized enterprises with
stable profits. A broad basic approach is being purposely selected. The
portfolio covers companies from the sectors renewable energy, medical
technology, health, information technology and new materials. New Value
assigns great value to ethical business concepts and good corporate
governance while selecting their portfolio companies. Criteria as
meaningfulness, social compatibility and ecological sustainability are
considered by New Value as decisive competition advantages, which affect
and promote the quality of the product and the service offer and thus,
facilitate an above average increase of value potential. Since the
formation of New Value, EPS Value Plus AG, Zurich, manages as investment
manager.
Listing SWX Swiss Exchange (www.swx.com)
Xetra, Open Market Frankfurt, Berlin, Düsseldorf, Stuttgart and Munich
Ticker symbol NEWN (CH), N7V (DE)
Valorennumber 1081986
WKN 552932
ISIN CH0010819867
Contact
New Value AG Tel. +41 43 344 38 38
Rolf Wägli Tel. +41 43 344 38 11, 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
06.05.2008 Financial News transmitted by DGAP
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Language: English
Issuer: NEW VALUE AG
Bodmerstrasse 9
8027 Zürich
Schweiz
Phone: +41-43-344 38 38
Fax: +41-43-344 38 39
E-mail: info@newvalue.ch
Internet: www.newvalue.ch
ISIN: CH0010819867
WKN: 552932
Listed: Freiverkehr in Berlin, München, Stuttgart, Düsseldorf; Open
Market in Frankfurt; Foreign Exchange(s) BX, SWX
End of News DGAP News-Service
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