EANS-News: HALF-YEAR RESULTS 2014 FOR C-QUADRAT INVESTMENT AG
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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6-month report
· C-QUADRAT triples net profit for the period (+201%)
· Strong increase in total revenue: EUR 40.9 million (+40%)
· Net profit: EUR 7.4 million
· Earnings per share: EUR 1.72 (+207%)
C-QUADRAT Investment AG (ISIN AT0000613005) has successfully completed the first
half of 2014 with total revenues of EUR 40.9 million (first six months of 2013:
EUR 29.2 million, +40%) and a net profit for the period of EUR 7.4 million
(first six months of 2013: EUR 2.5 million, +201%). This trend already emerged
in the 1st quarter and remained intact in the 2nd quarter, in a favourable
stock-market environment. Management fees accounted for 63% of these revenues,
performance fees for 31% and other revenues for 6%.
Management fees - as a component of total revenues - rose by 8% to EUR 25.7
million (first six months of 2013: EUR 23.8 million). The management fees are
the fees charged for the continuous management of investment funds. They
represent the basis of an asset manager's revenue structure and are the most
important indicator for the long-term earnings power of the company. This
increase reflects sustained growth of the assets under management (AUM) to EUR
5.2 billion as of June 30, 2014.
Earnings per share in the first six months of 2014 amounted to EUR 1.72 (first
six months of 2013: EUR 0.56).
"C-QUADRAT is well-positioned and offers a broadly diversified product range. C-
QUADRAT products are today marketed in 17 European countries and are among the
best products in their classes, both for private and institutional investors.
Investors acknowledge C-QUADRAT's solid performance by investing additional
assets. Microfinance is in particularly strong demand from institutional
investors. In addition, this year we will cautiously begin to market our
products to a broad group of investors in the Asia region," says C-QUADRAT
founder and management board member Alexander Schütz.
With immediate effect, C-QUADRAT Investment AG's report for the first six months
of 2014 is available for downloading from the Investor Relations section at
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