Earnings Release • Jul 27, 2010
Earnings Release
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Ad-hoc | 27 July 2010 06:39
Information regarding first Quarter of fiscal year 2010/2011 (as of June 30, 2010)
NEW VALUE AG / Miscellaneous
27.07.2010 06:39
Dissemination of a Adhoc News, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Information regarding first Quarter of fiscal year 2010/2011 (as of June
30, 2010)
NAV maintained - Portfolio developed further
In Q1 of fiscal year 2010/2011 (as of June 30, 2010), New Value was able to
maintain the net asset value (NAV) of its portfolio at the previous
quarter's level. NAV per share closed at CHF 24.22, slightly below the CH
24.27 at the beginning of the quarter. New Value's portfolio companies have
been developed further. FotoDesk Group AG, for instance, made an
acquisition and could thus strengthen its market position.
The shareholder's meeting of July 8, 2010, approved a share buyback
program of up to 10% of existing capital stock. The proposed alternative of
a capital reduction option was rejected. The terms of the share repurchase
program will be announced at a later time.
One of New Value's primary activities during the reporting period was
evaluating new investments, the results of which led to an investment in
cleantech firm ZWS Zukunftsorientierte Wärme Systeme GmbH, Neukirchen-Vluyn
(Germany), in March 2010. ZWS is a renewable-energy-based modern building
services systems provider. The management of New Value expects to close
additional deals in the coming weeks.
Silentsoft moves forward with international expansion
Silentsoft, a specialized provider of telemetry monitoring systems with a
strong focus on cleantech applications, continued its expansion in the
waste management and green building segments in the first quarter. The
company deployed specialized sales teams in Switzerland, Germany, France
and the UK. All four teams have already landed their first projects.
Meanwhile, Silentsoft also obtained new projects and contracts in telemetry
monitoring for service stations. For silos in the agriculture and food
sectors, Silentsoft worked with technology firm Endress + Hauser to develop
a sensor and telemetry solution. Provimi, one of the world's leading animal
food manufacturers, has also initiated a project with Silentsoft aiming to
install 8,000 sensors in Germany and Spain. Pilot installations are
scheduled for the fall of 2010.
Natoil sees recovery and FotoDesk conducts an acquisition
Natoil, a provider of energy-efficient and naturally manufactured
lubricants, is experiencing increased demand from industrial customers,
particularly reorders of hydraulic lubricants from customers using Arburg
injection molding machines. Natoil is also working with an international
retail chain to develop a biological lubricant in a spray can for the
do-it-yourself market, with market launch scheduled for this year. FotoDesk
announced its acquisition of the online photo and business printing
divisions of netservice.cc media AG. The move will allow FotoDesk to
increase its sales base in the photo printing segment and tap the market
for business printing services.
Bogar expands product palette and strengthens leadership
In May 2010, Bogar, the specialized provider of plant-based animal health
and nutrition products, unveiled its new plant-based biocides and
supplements for pets at Interzoo 2010, the world's leading pet industry
trade show. The new bogadual product line includes a new anti-flea agent
and the world's first harvest mite gel, made from a combination of neem
extract and a synthetic enhancer. Bogar also added two new products to its
nutritional supplement line «bogafit Anti-Aging» with ginseng and «bogafit
Verdauung» with artichoke for regulating indigestion in dogs and cats. In
addition, in June the shareholders' meeting elected Peter Hänsli to the
Board of Directors of Bogar; in the subsequent, constitutive meeting, he
was confirmed as President. Peter Hänsli is a proven pet industry expert
who will bring greater knowledge of the industry to the company's
leadership.
QualiLife on the move in German-speaking Switzerland
Earlier this summer, the renowned Hildebrand private rehabilitation clinic
in the Italian-speaking Swiss canton of Ticino presented the advantages of
the QualiMedical UCS software solution to a large audience of over 50
infirmary directors and IT managers from Swiss clinics. The solution
combines general information, entertainment options and patient and
treatment data on a single bedside multimedia terminal. Another recent
QualiLife project was launched at the Klinik Pyramide am See in Zurich.
QualiMedical UCS also received the Health Media Award from the Trendforum
Gesundheit health forum in Cologne, Germany. The distinction will support
the company's ongoing market expansion efforts.
Information about New Value AG
New Value, listed at the SIX Swiss Exchange, invests directly in promising
private companies in Switzerland and neighbouring 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. A broad
investment approach is deliberately followed regarding industry sectors.
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. Criteria such as
meaningfulness, social responsibility and ecological sustainability are
considered by New Value as decisive competitive advantages, which affect
and enhance the quality of products and services offered and thus,
facilitate an above average increase of value potential. Since the
formation of New Value, EPS Value Plus AG, Zurich, has served as investment
manager.
27.07.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: NEW VALUE AG
Bodmerstrasse 9
8027 Zürich
Schweiz
Phone: +41-43-344 38 38
Fax: +41-43-344 38 39
E-mail: [email protected]
Internet: www.newvalue.ch
ISIN: CH0010819867
Swiss Security Number: 552932
Listed: Freiverkehr in Berlin, München, Düsseldorf,
Stuttgart; Open Market in Frankfurt; Foreign
Exchange(s) SIX
End of News DGAP News-Service
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