11.11.2019 JDC Group AG  DE000A0B9N37

DGAP-News: JDC Group AG: JDC and Volkswagen Bank agree to a 5-year contract to transfer processing of insurance transactions


DGAP-News: JDC Group AG / Key word(s): Contract
JDC Group AG: JDC and Volkswagen Bank agree to a 5-year contract to transfer processing of insurance transactions

11.11.2019 / 07:30
The issuer is solely responsible for the content of this announcement.

JDC and Volkswagen Bank agree to a 5-year contract to transfer processing of insurance transactions

- JDC client portfolio grows by an additional 100,000 clients

- Reaffirms growth strategy aimed at discriminating clients


Volkswagen Bank, which is part of the Volkswagen Group, and Jung, DMS & Cie. Pro GmbH, part of JDC group, have signed a minimum 5-year partnership agreement for transacting and brokering of insurance products in the non-mobility insurance sector.

Volkswagen Bank plans to transfer over 100,000 insurance contracts to JDC's platform and will transact all new business through JDC's IT and infrastructure. In addition, Volkswagen Bank is entrusting JDC with the complete, all-round support of its clients through the JDC service team.

By doing so, Volkswagen Bank will be able to significantly reduce its IT investments and focus its own resources on professional online sales through a premium client service. Conversely, JDC can expand utilisation of its existing platform and thus achieve an above-average margin on sales.

"After extensive review and intensive discussions, we are pleased to be able to normalise our collaboration through long-term partnership agreements. Volkswagen Bank is one of the leading staffing brokers with a high degree of online expertise that provides its customers with wide-ranging and proficient service," said Ralph Konrad, CFO of JDC Group AG, in commenting on this ground-breaking agreement for JDC.

"The partnership between Volkswagen Bank and JDC shows that digitisation is dramatically altering structures in the marketplace. Intermediaries of all kinds no longer want to keep increasingly complex administrative matters in-house", adds Dr Sebastian Grabmaier, JDC Group AG CEO. "We, on the other hand, are fully focused on automating and digitising business processes involved with brokering financial products. This promises significant benefits and synergies, in particular for larger market participants. That's why we have the fullest confidence in our platform model and see the partnership with Volkswagen Bank as yet another confirmation of the success of our strategy."

You can find further information on the company and affiliates at www.jdcgroup.de.

About JDC Group AG
JDC Group AG (ISIN: DE000A0B9N37) stands for modern financial advice and intelligent financial technology for advisors and customers. In the "Advisortech" business unit, via our subsidiary Jung, DMS & Cie., we provide our customers and advisors with modern advisory and administration technology. While many sales and distribution partners perceive the technological transformation as a problem and the young Fintech companies as the new competitors, we perceive the "technology" factor to be a great opportunity. Solutions from the "Advisortech" business unit help advisors, brokers, banks and other intermediaries to take even better care of their customers and generate increased sales in their earnings. In the "Advisory" segment, we procure financial products for private end customers via free advisors using the FiNUM Group. With over 16,000 connected sales partners we are one of the market leaders in the German-speaking region.

The Directors of JDC Group AG hold a participating interest in JDC Group AG and have a self-interest in the nature and content of the information provided in this release.

JDC Group AG

Ralf Funke
Investor Relations
Phone: +49 611 890 5750
Email: [email protected]

11.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: JDC Group AG
Kormoranweg 1
65201 Wiesbaden
Phone: +49 (0) 611 890 575-0
Fax: +49 (0) 611 890 575-99
E-mail: [email protected]
Internet: http://www.jdcgroup.de
ISIN: DE000A0B9N37
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 908943

End of News DGAP News Service

908943  11.11.2019 


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 75,36 78,05 84,48 95,03 111,47 122,83 144,00
EBITDA1,2 1,28 2,72 3,19 1,46 4,17 5,13 8,70
EBITDA-Marge3 1,70 3,48 3,78 1,54 3,74 4,18 6,04
EBIT1,4 -0,27 0,23 0,20 -1,70 -0,15 0,50 3,70
EBIT-Marge5 -0,36 0,29 0,24 -1,79 -0,14 0,41 2,57
Jahresüberschuss1 -1,73 -1,21 -0,17 -4,34 -1,81 -1,16 2,10
Netto-Marge6 -2,30 -1,55 -0,20 -4,57 -1,62 -0,94 1,46
Cashflow1,7 -0,65 1,22 3,21 1,57 3,85 8,87 7,80
Ergebnis je Aktie8 -0,16 -0,11 -0,14 -0,35 -0,14 -0,09 0,16
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Dr. Merschmeier + Partner

JDC Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0B9N3 24,400 Kaufen 333,51
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
64,21 0,00 0,00 -66,85
11,80 37,59 2,72 39,02
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
0,00 0,00 0,00 02.09.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2021 11.08.2021 15.11.2021 31.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
13,53% 61,25% 171,71% 190,48%
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Finanzdienstleistungen , A0B9N3 , A8A , XETR:A8A