aovo achieves a significant leap in earnings with an annual net profit of €481k

> Read news

Hanover, 21 June 2018 – The Supervisory Board of aovo Touristik AG has adopted and approved the company's audited annual accounts during the board meeting which took place today. Net profit for the year after tax rose to €481,000 (previous year -€324,000). At the end of 2017, aovo Touristik AG once again showed a positive equity value of approximately €53,000 (previous year -€428,000) due to the fact that earnings were considerably higher than expected.

The company's net profit is expected to be published in July 2018 and can be found on the company's website at

About aovo Touristik AG:
aovo Touristik AG was founded in the year 2000 and has become one of Germany's leading niche travel operators. The company has sold more than 850,000 travel packages to more than 2 million travellers to date. The publicly listed company focuses on developing package and modular solutions for adventure holidays and short breaks that cater to different areas of interest such as cultural trips, events, spa breaks and culinary experiences. aovo Touristik focuses on providing city breaks within Germany and neighbouring European countries.

For further information on aovo Touristik AG, please visit

Final Results 31 December 2017 Following the Proposal for the Appropriation of Profits Pursuant to the HGB (German Commercial Code)

> Read news

In 2017, U.C.A. AG generated income from investments of €697k (after offsetting relevant expenses) (previous year €583k). Financial earnings from interest income and expenses, in conjunction with other income and expenses from securities held for investments, total €485k (previous year €287k). In addition, revenue and other operating income totalled €66k (previous year €100). However, total operating costs stood at €618k (previous year €615k).

After factoring in a tax bill of €12k (previous year €13K), an annual net profit of €618k was achieved (previous year €342k).

U.C.A. Group's liquidity (including liquid stock held for investment, valued at market rates in accordance with commercial law) stands at €8 million (previous year €8.4 million).

The Supervisory Board and the Executive Board propose that the reported net income for the financial year 2017 totalling €886,437.41 should be used as follows:

a) To be allocated to participating shareholders through the payment of a dividend of €0.70 per no-par value share, payable on 10 July 2018 €436,296.70
b) Balance to be carried forward (=profit brought forward) €450,140.71

Upon acceptance of the proposal of the Executive Board and the Supervisory Board, the following shall apply to the payment of the dividend: Since the dividend for the 2017 financial year is fully payable from the tax contribution account within the meaning of § 27 of the Corporation Tax Act (not contributions to nominal capital), payment will be made without any deduction for capital gains tax and solidarity surcharge. Dividends are not subject to taxation for German resident shareholders. Tax refunds or tax credit options are not linked to the dividend. In the opinion of the German federal fiscal authorities, a dividend payment reduces the tax acquisition costs of the shares.

U.C.A. AG Has Acquired a 2% Stake in Dermedis GmbH, Munich

> Read news

Dermedis is a leading provider of medical/aesthetic cosmetic treatments and operates in six prime locations across Germany. Dermedis offers a broad range of medical/cosmetic treatments for healthy and beautiful skin. Dermedis GmbH achieves very high levels of customer satisfaction through its use of state-of-the-art treatment techniques and methods and thanks to its highly qualified non-medical practitioners, beauticians and dermatologists. In addition, the company sells leading premium branded cosmetic products through both its brick-and-mortar and online shopping channels.

U.C.A. AG Publishes Preliminary Results on 31/12/2017

> Read news

Before Investments Are Evaluated

Munich (pta) – In 2017, before taking into account any depreciation or appreciation on investments (after offsetting relevant expenses), U.C.A. AG generated income from equity investments of €504k (previous year €583k). Financial earnings from interest income and expenses, in conjunction with other income and expenses from securities held for investments, total €477k (previous year €289k). In addition, revenue and other operating income totalled €75k (previous year €103k). By contrast, total operating costs stood at €619k (previous year €620k).

After factoring in a tax bill of €12k (previous year €13k), an annual net profit of €425k was achieved (previous year €342k).

U.C.A. Group's liquidity (including liquid stock held for investment, valued at market rates in accordance with commercial law) stands at €8 million (previous year €8.4 million).

U.C.A. Group's preliminary operating results are subject to the auditors' report and approval by the Supervisory Board. The final financial and revenue figures for the 2017 financial year are anticipated to be published on 18 May 2018.

Judicial Appointment of Supervisory Board Member

> Read news

At the request of the company's Executive Board, the district court of Munich (registration court) has appointed Achim Gippers Dipl.-Ing., born 23/10/1955, as a member of the Supervisory Board with effect from 13 March 2018.

The judicial appointment of the new member of the Supervisory Board became necessary after the previous member of U.C.A. Group's Supervisory Board, Nico Baader, resigned from his position due to personal reasons.

U.C.A. AG Sells Shareholding

> Read news

U.C.A. AG has today entered into an agreement with Elbstein AG, Hamburg. Elbstein AG will acquire all shares held by U.C.A. AG in the company Deutsche Technologie Beteiligungen AG, Munich. U.C.A. AG sold 60.88% of outstanding shares in Deutsche Technologie Beteiligungen AG. The parties agreed not to disclose the purchase price.

Preliminary Result from 30 June 2017 after HG

> Read news

U.C.A. generated revenues of €37k (previous year €29k). The balance of interest income and interest expenses, as well as proceeds from sales of securities, total €339k (previous year €104k). By contrast, total costs amounted to €303k (previous year €307k). Preliminary earnings before taxes show a surplus of €73k (previous year loss of -€174k). U.C.A. Group's free cash flow (including liquid stock held for investment, valued at rates in accordance with commercial law as of 31/12/2016) totals €8.2 million.

As of the middle of 2017, the U.C.A. Group directly owns shares in five companies. In addition to a targeted exit strategy for its portfolio, U.C.A. is selectively seeking out new investment opportunities.

VHI: 2016 Annual Review

> Read news
  • VHI's portfolio has developed in a very pleasing way over the course of the year.
  • As a result, the net asset value (NAV) increased over the year by 14.4% to €3.33 per share (previous year: €2.91). It is important to note the ex-dividend markdown of €0.07 per share following the Annual General Meeting in April 2016.
  • Including the dividend, the increase in NAV amounted to approximately 16.8% in 2016.
  • The debt to equity ratio of the VHI portfolio was 79% at the beginning of the financial year. The company was able to take advantage of volatile share prices during the first half of the year and significantly expand its investment portfolio. The investment ratio totalled 87% at the end of the 2016 financial year. The liquidity ratio was 13%.
  • Shares increased considerably in value from €8.5 million to €10.8 million as a result of acquisitions and due to positive share price performance.
  • The portfolio's top performers over the course of 2016 as a whole were: Ringmetall (+90%), Grammer (+74%) and Uniwheels (+68%).
  • The Executive Board and the Supervisory Board are proposing a 14% dividend increase, i.e. an increase of €0.08 per share (compared with €0.07 the previous year).

Georg Geiger (Chair of Value Holdings AG) commented, "Value Holdings AG expects an increase in earnings during the 2017 financial year, unless this is thwarted by unforeseen events. Both dividend earnings and investment income are expected to increase against the previous year."

Information on the First Quarter of 2017

  • As of 28/02/2017, the net asset value (NAV) of Value-Holdings International AG (VHI) totalled €3.46 per share, amounting to an increase of 0.6% during the month of February.
  • The NAV increased by 3.9% since the beginning of 2017. DAX (+3.1%) and EuroStoxx50 (+0.9%) grew at a disproportionally low rate.
MedLearning Notches Up New All-Time High

> Read news

MedLearning AG delivered an exceptionally strong operational performance in 2016. The number of customers and training courses on offer are growing steadily and developing very positively. In addition, the number of framework agreements that have been entered into with a large number of existing customers are notably contributing towards the continuous increase in revenue. The new framework agreements that were entered into with several pharmaceutical companies are especially pleasing.

  • MedLearning achieved a new all-time high in its offering size in the first quarter of 2017.
  • This saw the value of the dividends doubling in 2017 compared with the previous year.
  • MedLearning AG has achieved the following objectives to date: 503 CMEs in 36 subject specialisms, more than 412 authors, over 74,000 doctors who subscribe to the newsletter and over 265,000 CME points.

Dr. Jürgen Steuer (CEO of U.C.A. AG) commented, "We expect growth to continue in 2017 due to the very healthy order book. MedLearning has significantly increased in value since 2016." Matteo Morelli (Executive Board Member at MedLearning AG) commented, "Developments to date have exceeded all our expectations."

U.C.A. AG Participation in WOMANIZER Group

> Read news

U.C.A. AG has acquired a 3.69% holding in the WOMANIZER Group.

After successful revenues growth in recent years, the WOMANIZER Group, inventor of the patented, revolutionary Pleasure Air Technology® is thus strengthened as it embarks on the next exciting growth phase.

Michael Lenke, the company's founder and CEO, is banking on internationalisation and is making use in this respect of the strength of a powerful financial partner whom he has succeeded in winning over for the WOMANIZER Group. Under the management of Dr. Richard Lenz, who represents a group of businessmen and Family Offices, he aims at increased expansion in Asia and North America with the premium products of WOMANIZER as well as the continued development of the company's product portfolio.

Annual General Meeting of aovo Touristik AG

> Read news

The 9th Public Annual General Meeting of aovo Touristik AG will take place on 27 August 2015 at Veranstaltungspark Kastanienhof, Am Mittelfelde 102, 30519 Hannover.

> more informations

July 2015
Novartis expands its oncological training series

> Read news

MedLearning AG operates, one of the leading portals for online medical training in Germany. MedLearning offers partners the opportunity to present training courses in their own individual layout and to design the educational presentation of the content which is to be taught.

As a consequence of the exchange between the pharmaceutical manufacturers Novartis and GlaxoSmithKline in the fields of vaccines and oncology, all online oncological training courses on > have been taken over by Novartis.


(Click to open page)

In July 2015 two new training courses on the therapy of renal cell carcinoma and soft tissue sarcoma will go online. Novartis intends to expand its further training series with further interesting courses by the end of the year.

Plan Optik AG implements high accuracy laser patterning technology

> Read news

Plan Optik AG, the leading manufacturer of glass, quartz and glass-Si compound wafers has added laser patterning to its structuring techniques recently. Glass, quartz (eg fused silica) and silicon can be patterned generating an extremely high accuracy.

Laser patterning is used for small feature sizes down to 20 microns. Patterning of different layer depths typically requires different process runs. Between each run, alignment to the previous layer is mandatory. In laser patterning, different layers will be processed in one run. No alignement will be necessary which increases layer to layer accuracy dramatically.

Compared to other common patterning techniques such as wet-chemical etching or sand blasting, laser patterning enables much higher aspect ratios and leads to a much better accuracy and very smooth patterned edges.

Even pre-cutting or dicing into small dies can be materialized.

Laser patterning works directly from your layout file which could be .dxf, .gds or .dwg. Other file types could typically also be used after converting them. This enables a very fast and cheap prototyping since no masks are needed.

Plan Optik AG implemented laser patterning in addition to it's already existing bulk micro machining methods. Together with wet etching, ultra sonic drilling, diamond tool drilling and sand blasting Plan Optik is now using all relevant glass and quartz surface micro machining methods in house. This makes Plan Optik the one stop shop for all patterned glass and quartz parts for MEMS and semiconductor applications.

In order to guarantee the highest quality, Plan Optik employs quality management systems certified to ISO TS 16949, ISO 14001 and ISO 9001.

Please click > here to get your personal quotation on laser patterned wafers which fit to your needs perfectly.

July 2015
Sportnex - 100% Original fan articles

> Read news

Under the umbrella brand > fans will find 100% original fan articles of their favourite club. In addition to classic auctions Sportnex frequently offers special offers for immediate purchase on the auction platform. These are official limited editions of T-shirts, caps, scarves or other merchandising articles which have been developed with the clubs concerned. Customers can also purchase individualised articles.

Sportnex operates the platform independently and for its own account. Apart from auction management the core tasks of Sportnex include customer service, payment and logistics.

In cooperation with the clubs Sportnex develops appropriate advertising articles in order to publicise the platform and provides the clubs with suitable advertising media for the clubs' own websites.

In addition to an additional sourve of income for the clubs the auction house provide the clubs with an attractive, innovative customer loyalty opportunity.

January 2015
Musical expertise is expanded further
Musical offers of the own brand aovoREISEN are being offered via new channels

> Read news

During the first quarter of the year the musical offers of the own brand aovoREISEN are being integrated exclusively into the travel portal as an own Shop. Head of Sales Björn Oberländer is delighted to have concluded such a successful deal right at the beginning of the year.

> more informations

> News archive
> Information for our shareholders