EANS-News: C-QUADRAT INVESTMENT AG HALF YEAR RESULTS 2013 FOR 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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6-month report
Vienna/Frankfurt (euro adhoc) - - C-QUADRAT records 95 % increase in net
profit
- Total revenues EUR 29.2 million
- Net profit EUR 2.5 million
- Significant growth in assets under management to EUR 4.6 billion
In the first half of 2013, C-QUADRAT Investment AG (ISIN AT0000613005) realized
total revenues of EUR 29.2 million (first six months of 2012: EUR 21.4 million;
+36 %) and a net profit of EUR 2.5 million (first six months of 2012: EUR 1.3
million; +95 %). Management fees accounted for 82 % of the revenues and
performance fees for 18 %.
Earnings per share in the first half year 2013 amounted to EUR 0.56 (first six
months of 2012: EUR 0.29).
Assets under management (AuM) have also followed a positive trend. As per June
30, 2013, AuM had risen to EUR 4.6 billion. This figure is consistent with a 59
% increase in the last 12 months (June 2012: EUR 2.9 billion) or 8 % in the
first six months of 2013. The significant increase in assets under management
was due to the positive performance recorded by the C-QUADRAT products, the
company's successful marketing activities and its acquisition of Asset Manager
BCM (London and Geneva) and APM (Vienna) as well as its new holding in QC
Partners, Frankfurt.
"2013 has got off to a good start. C-QUADRAT is well positioned and offers a
highly diversified product range. Our funds have delivered excellent
performances, a welcome development for our investors. In the second half of the
year, we will also focus on setting up an institutional distribution channel and
concentrate on the subject of microfinance", adds Alexander Schütz, management
board member and founder of C-QUADRAT.
With immediate effect, the half year report 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