Baar (pta006/15.11.2019/06:41) - Baar, November 15, 2019
The first half of the financial year 2019/20 was concluded with a loss of CHF 2.53 million. The major part of this loss is the consequence of adjustments in the valuation of the portfolio company Sensimed SA, as already published on July 03, 2019 and October 08, 2019.
New Value's equity value, equivalent to the Net Asset Value (NAV), amounted to CHF 1.52 million as per 30.09.2019 (CHF 4.05 million as per 31.03.2019). The NAV per share declined from CHF 1.23 at the beginning of the period to CHF 0.46.
New Value AG reports thus a total loss of CHF 2.53 million for the first six months of 2019/20, compared to a loss of CHF 1.79 million in the same period of the previous year. The loss per share amounts to CHF 0.77.
The Half Year Report of the financial year 2019/20 contains detailed information on the financial statements for the first six months and is published in German in electronic form on New Value's website. http://www.newvalue.ch/fileadmin/userupload/dokumente/New_Value_HJ2019.pdf
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 listing SIX Swiss Exchange (www.six-swiss-exchange.com)
Ticker symbol NEWN (CH
Security number 1 081 986
Contact New Value AG, Zugerstrasse 8a, CH-6340 Baar, Switzerland
Dr Bernd Pfister
Phone +41 43 344 38 38
downloads www.newvalue.ch Email: firstname.lastname@example.org