EANS-News: C-QUADRAT Investment AG Consolidated Earnings 1-9/2013 of C-QUADRAT
Investment AG
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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9-month report
Wien/Frankfurt (euro adhoc) - .) Strong increase in revenues and net profit for
the period by comparison with the previous year
.) Net profit for the period of EUR 3.5 million (previous year: EUR 0.6 million;
+529 %)
.) Total revenues of EUR 42.9 million (previous year: EUR 32.8 million; +31 %)
.) Assets under management at historic peak of EUR 4.8 billion
C-QUADRAT Investment AG (ISIN AT0000613005) successfully completed the third
quarter of 2013 with total revenues of EUR 42.9 million (previous year: EUR 32.8
million; +31 %) and a net profit for the period of EUR 3.5 million (previous
year: EUR 0.6 million; +529 %). Management fees accounted for 85 % of these
revenues and performance fees for 9 %.
Earnings per share in the third quarter of 2013 amounted to EUR 0.81 (previous
year: EUR 0.13, +523 %).
The trend is also positive for C-QUADRAT's assets under management (AuM). As of
September 30, 2013, its AuM had risen to EUR 4.8 billion. This represents growth
of 12 % since the start of the year. This increase in the volume of assets under
its management reflects the positive performance of C-QUADRAT's products and its
successful distribution activities, particularly in the institutional client
segment.
"C-QUADRAT has consistently adhered to its growth strategy in the first three
quarters of 2013. Its assets under management are at a historic peak. The net
profit for the period has increased more than fivefold on the previous year.
C-QUADRAT funds have delivered very strong performances. Our investors
appreciate this. We have focused on the areas of sustainability and microfinance
where we are experiencing strong demand, especially from institutional
investors," says C-QUADRAT founder and management board member Alexander Schütz.
With immediate effect, the interim report 1-9/2013 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
Stubenring 2
A-1010 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
Stubenring 2
A-1010 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