EANS-Adhoc: C-QUADRAT Investment AG Strong increase in total revenues and net
profit in Q1 2015 by 31.03.2015
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Earnings Forecast/3-month report
04.05.2015
Vienna/Frankfurt, 04.05.2015. C-QUADRAT Investment AG (ISIN AT0000613005)
announces the preliminary results according to IFRS for the first quarter 2015:
· Strong increase in revenues and net profit for the period compared to Q1/2014
· Total revenues of EUR 40.9 million (previous year: EUR 19.1 million; +113.5%)
· Net profit for the period of EUR 15.4 million (previous year: EUR 3.2 million;
+379.2%)
· Assets under management of approx. EUR 5.7 billion
C-QUADRAT was able to successfully continue the very positive business
development of 2014 as well in 2015 and completed the first quarter of 2015 with
total revenues of EUR 40.9 million (previous year: EUR 19.1 million; +113.5%)
and a net profit for the period of EUR 15.4 million (previous year: EUR 3.2
million; +379.2%). Management fees accounted for 31% of these revenues and
performance-related
remuneration for 66%.
The earnings per share in Q1/2015 amount to EUR 3.48 (previous year: EUR 0.75;
+365.1%).
As per the reporting date, C-QUADRAT's assets under management amounted to
approx. EUR 5.7 billion.
The extremely positive business and earnings development in the first quarter
2015 is, in addition to the continued increase in assets under management and
the positive stock market environment in the first quarter, also due to the very
good performance of the mutual funds managed by the fund managers of the C-
QUADRAT Group especially of those managed by C-QUADRAT subsidiary ARTS Asset
Management.
The further development in 2015 will largely depend on the further development
of the previously positive mood on the international capital and financial
markets.
The final figures for Q1/2015 will be published on 18.05.2015 in accordance with
the Financial Calendar of the Company and can be downloaded from this date at
www.c-quadrat.at in the Investor Relations section.
Further inquiry note:
Andreas Wimmer
Member of the board
Schottenfeldgasse 20
A-1070 Wien
Tel.: +43 1 515 66 316
E-Mail: a.wimmer@investmentfonds.atwww.c-quadrat.com
end of announcement euro adhoc
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issuer: 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.com
sector: Financial & Business Services
ISIN: AT0000613005
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien
language: English