Kizoo AG

euro adhoc: other
Kizoo AG reduces dependency on financial markets

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Within the framework of the risk management for financial investments Kizoo AG (ISIN: DE000CMBT111) has shifted its portfolio of fixed-interest securities partly to cash. Of the write-off risks already announced in the amount of up to EUR 12 million, a total of EUR 3.5 million has been realized with an impact on net results. The cash funds of the company amount at present to about EUR 25 million. With this measure the dependency of the company on the future development of the financial markets has been reduced accordingly.

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ots Originaltext: Kizoo AG
Im Internet recherchierbar:

Further inquiry note:
Silvia Teschner
Investor Relations
Tel. +49 721 5160 2701

Branche: Online
ISIN:      DE000CMBT111
WKN:        CMBT11
Index:    CDAX, Prime All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Hannover / free trade
              Börse München / free trade

Weitere Meldungen: Kizoo AG

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