Coverage of high-potential mid-market firms in Poland

Article

bmp investment group reports loss for year, and faster transition to operating company

TAG'S: Media

The company closed 2014 with revenue from investment sales of € 0.1 million
compared to € 1.0 million in 2013. The company made a loss of € 0.3 million
(€ 0.01 per share) following a profit of € 1.3 million in the previous
year.

The company’s equity increased by € 1.5 million to € 19.9 million (€ 0.96
per share) primarily due to a capital increase with a volume of € 1.9
million implemented in February 2014. As of 31 December 2014, cash on hand,
bank balances and marketable securities totalled € 3.4 million compared to
€ 4.8 million in the previous year.

The reported realignment of bmp to an operating company is making rapid
progress. Discussions are currently in progress which range from the sale
of individual investments to selling the greater part of the portfolio as a
package. The first investment has already been sold to the management at
book value - a holding in the Polish company Instream Media. There was also
a partial exit from Heliocentris, the listed investment. We anticipate some
further exits in the first and second quarters of 2015.

The annual report will be published at www.mediainvestors.com on 30 April
2015.

2015-03-18



Comments : 0

Add comment

The published comments are private opinions of the users. Biznespolska Media Sp. z o.o. is not responsible for their content. Intelligent and insightful comments most appreciated.

Other News

Photo of the week

Photo of the week

Following an impressive run, PKN Orlen fuel reappoints CEO Wojciech Jasiński to spearhead the company to newer, more challenging waters. Gives him a new three year term!

2017-11-21

WSE Indices


NameValueChangeTime
WIG20 2468,32 +0,01 % 10:54
WIG 63596,36 -0,04 % 10:40
sWIG80 14039,26 +0,06 % 10:40
NCIndex 285,49 +0,08 % 10:40
2017-11-21

WSE Companies


Top 5 Gainers

NameValueChange
VISTULA GROUP3,97+8,47 %
DROZAPOL-PROFIL2,00+7,53 %
MEX POLSKA4,74+6,76 %
INTERFERIE3,60+6,82 %
BYTOM2,62+5,22 %

Top 5 Losers

NameValueChange
QUMAK1,29-7,86 %
INTER CARS264,80-6,10 %
IZOBLOK SPOLKA AKCYJNA103,20-5,32 %
SWISSMED CENTRUM ZDROWIA0,82-5,75 %
AWBUD SA4,50-4,05 %