EANS-News: CONSOLIDATED EARNINGS 1-9/2014 OF C-QUADRAT INVESTMENT AG
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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9-month report
.) Strong increase in revenues and net profit for the period by comparison with
the previous year
.) Net profit for the period of EUR 11.5 million (previous year: EUR 3.5
million; +226%)
.) Total revenues of EUR 61.3 million (previous year: EUR 42.9 million; +43%)
.) Assets under management of approx. EUR 5.1 billion
C-QUADRAT Investment AG (ISIN AT0000613005) was able to continue the highly
positive business development of the first six months of the year and
successfully completed the third quarter of 2014 with total revenues of
EUR 61.3 million (previous year: EUR 42.9 million; +43%) and a net profit for
the period of EUR 11.5 million (previous year: EUR 3.5 million; +226%).
Management fees accounted for 63% of these revenues and performance fees for
32%. In the period under review, personnel expenses rose by 18% to EUR 8.0
million (previous year: EUR 6.8 million). At EUR 6.0 million, administrative
expenses did not change from the same period of the previous year.
The earnings per share in 1-9/2014 amount to EUR 2.67 (previous year: EUR
0.81; +229%).
As per the reporting date, C-QUADRAT's assets under management amounted to
approx. EUR 5.1 billion. With offices in Vienna, London, Frankfurt, Geneva, Hong
Kong and Yerevan and sales activities in 19 countries, C-QUADRAT is active
throughout Europe and Asia.
"We are quite pleased with our results for the period. Thanks to the consistent
growth of C-QUADRAT's assets under management, regular management fees have
increased further. At the same time, the results are, to a large extent, carried
by unpredictable performance fees which have ensued from the new peak levels
reached by numerous C-QUADRAT funds", says C-QUADRAT founder and management
board member Alexander Schütz on the subject of the company's quarterly results.
With immediate effect, the interim report 1-9/2014 of C-QUADRAT Investment AG
may be downloaded from the Investor Relations section of its website www.c-
quadrat.at.
Further inquiry note:
Mag. Andreas Wimmer
Schottenfeldgasse 20
A-1070 Wien
Tel.: +43 1 515 66 316
Mail: a.wimmer@investmentfonds.atwww.c-quadrat.com
end of announcement euro adhoc
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company: C-QUADRAT Investment AG
Schottenfeldgasse 20
A-1070 Wien
phone: +43 1 515 66-0
FAX: +43 1 515 66-159
mail: c-quadrat@investmentfonds.at
WWW: www.c-quadrat.at
sector: Financial & Business Services
ISIN: AT0000613005
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien
language: English