News Article bond Echo Investment financing investment Poland
by Property Forum | Investment

Nicklas Lindberg, CEO of Echo Investment, and Maciej Drozd, the company’s CFO, have bought over 1400 of the company’s bonds on the secondary market. The Management has confidence in Echo Investment and further development of the business consistent with the Strategy of Profitable Growth.

“We believe in Echo Investment and its development prospects. In 2019 Echo Investment Group generated a net profit of approx. PLN 300 million. The company enjoys high cash position and a low net asset-to-debt ratio, which as at 31 December 2019, was at 34%. It is a good starting point for future development and further strengthening of the Group” says Maciej Drozd, CFO of Echo Investment.

Echo Investment has been issuing bonds for individual investors since 2014. So far, PLN 634 million securities for individual investors have been issued, of which PLN 434 million is still traded on the stock exchange, and the other PLN 200 million have been properly redeemed.