EANS-News: HALF-YEAR RESULTS 2015 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 strongly increases net profit for the period (+152%)
· Further increase in total revenue: EUR 57.6 million (+40%)
· Net profit for the period: EUR 18.6 million
· Earnings per share: EUR 4.17 (+142%)
C-QUADRAT Investment AG (ISIN AT0000613005) has successfully completed the first
half of 2015 with total revenues of EUR 57.6 million (first six months of 2014:
EUR 41.0 million, +40%) and a net profit for the period of EUR 18.6 million
(first six months of 2014: EUR 7.4 million, +152%). This trend already emerged
in the 1st quarter and remained intact in the 2nd quarter, in a strong stock-
market environment. Management fees accounted for 45% of these revenues,
performance fees for 51% and other revenues for 4%.
Personnel expenses and other administrative expenses were limited to the same
volume as in the previous year, despite a strong increase in revenues. Other
operating expenses were reduced by 17%.
Earnings per share in the first six months of 2015 amounted to EUR 4.17 (first
six months of 2014: EUR 1.72; +142%).
Overall, the C-QUADRAT Group's assets under management increased by 10%, from
EUR 5.2 billion as of December 31, 2014 to EUR 5.7 billion as of June 30, 2015.
"The company's strong figures for the first six months of 2015 reflect the
outstanding performance of C-QUADRAT's funds and a disciplined approach on the
costs side. As well as the process of internationalization which the company is
currently undergoing, we will continue to work on the expansion of our product
range. From the 2nd half of the year onwards, from our London office we will
offer alternative fixed income products for institutional investors," adds
Alexander Schütz, management board member and founder of C-QUADRAT.
With immediate effect, C-QUADRAT Investment AG's report for the first six months
of 2015 is available for downloading from the Investor Relations section at
www.c-quadrat.at.
Further inquiry note:
Andreas Wimmer
Member of the Board
Schottenfeldgasse 20
A-1070 Vienna
Tel.: +43 1 515 66 316
Email: 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.com
sector: Financial & Business Services
ISIN: AT0000613005
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien
language: English