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  • Debt collection agency EOS Matrix DOOEL, a member of the EOS Group, is undertaking activities to comply with the changes and guidelines provided by the European General Data Protection Regulation (GDPR).

    In the past period, EOS Matrix DOOEL actively worked to maintain standards for securing the highest level of information security (ISO 27001), and consequently moved proactively to comply with the recommendations of GDPR. At the same time, the company monitored the changes in the local regulations for the protection of personal data and harmonized its work in a timely manner.

    In the following period the contractual relationships of EOS Matrix DOOEL will be complied with the requirements of the regulation

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    • New highs in revenue and EBITDA
    • Strong investment in debt purchases: another step towards becoming a global financial investor
    • “We will greatly expand our real estate-secured business, besides unsecured debt purchasing.”

    Hamburg, Germany; July 16, 2019 – EOS Group, with headquarters in Hamburg, increased its revenue in financial 2018/19 by 2.3 percent to EUR 813.7 million. Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew to EUR 283.6 million. Thus, the international provider of customized financial services, which belongs to Otto Group, chalked up a new record in both key performance indicators. One of the main reasons for the positive development was the high investment in the purchase of unsecured and secured debt portfolios: EOS invested EUR 668 million in receivables and real estate in the last financial year and is evolving more and more into a global financial investor.

    High investment in debt purchases continues unabated

    “I am happy about the extremely satisfactory financial year,” says Klaus Engberding, Chairman of the EOS Group’s Board of Directors. “Both for revenue and for profit, we once again achieved an outstanding level. Despite the financial year harmonization in the previous year*, we were able to increase the revenue of EOS Group. This is a clear sign of our sustainable business growth,” states Engberding. “We will greatly expand our real estate-secured business, besides unsecured debt purchasing. With our data-driven technologies, we can optimally assess and process receivables – the perfect basis for continuing to invest strongly in worldwide debt purchases.”

    EOS Group comprises more than 60 companies in 26 countries and employs more than 7,500 people. Via a partner network, EOS offers smart services to its around 20,000 customers in 180 countries around the world.

    *In the 2017–2018 reporting period around 30 EOS companies were included with 14 instead of 12 months in the consolidated year-end financial statements.

    Overview of key performance indicators:

     

    2018/19

    2017/18

    Revenue (EUR million)

    of which
    Germany

    Western Europe
    Eastern Europe
    North America

    813.7

     

    341.1

    220.9

    203.2

    48.5

    795.0

     

    327.5

    240.4

    183.2

    44.0

    EBITDA (EUR million)

    283.6

    279.8

    Differences may be shown in tables due to rounding.


    Eastern Europe with an increase in secured receivables

    In Eastern Europe, EOS is enjoying all-time highs: “We are very proud of our result in Eastern Europe for the last financial year,” says Marwin Ramcke, Member of the EOS Group’s Board of Directors and responsible for this region. “At 203.2 million euros, revenue exceeds that of the previous year by more than ten percent. Earnings before tax are also much higher than in last reporting period.” For both KPIs, EOS reached the highest level ever in this region. “We were able to increase our investment volume in bad debt portfolios again. Especially in Poland and Croatia, but also in Russia and Slovakia, the level from the previous year was clearly surpassed,” comments Ramcke. Investment in secured receivables in particular was expanded; EOS is now active in this field in nine Eastern European countries. Ramcke: “We continue to see excellent growth opportunities in this segment and plan on expanding the business segment to all our Eastern European locations in the future.”


    More on EOS’s financial year for Eastern Europe: LINK to the respective country-website

    About EOS Group
     The EOS Group is one of the leading international providers of customized financial services. As a specialist in the evaluation and processing of receivables EOS deploys new technologies to offer its some 20,000 customers in 26 countries financial security through smart services. The company's core business is the purchase of unsecured and secured debt portfolios. Working within an international network of partner companies, the EOS Group has a workforce of around 7,500 and more than 60 subsidiaries, so it can access resources in more than 180 countries. Its key target sectors are banking, utilities, real estate and e-commerce. EOS is part of Otto Group. 

    For more information on EOS Group, please go to www.eos-solutions.com.

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