EANS-News: CONSOLIDATED EARNINGS 1-9/2014 OF C-QUADRAT INVESTMENT AG
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 9-month report .) Strong increase in revenues and net profit for the period by comparison with the previous year .) Net profit for the period of EUR 11.5 million (previous year: EUR 3.5 million; +226%) .) Total revenues of EUR 61.3 million (previous year: EUR 42.9 million; +43%) .) Assets under management of approx. EUR 5.1 billion C-QUADRAT Investment AG (ISIN AT0000613005) was able to continue the highly positive business development of the first six months of the year and successfully completed the third quarter of 2014 with total revenues of EUR 61.3 million (previous year: EUR 42.9 million; +43%) and a net profit for the period of EUR 11.5 million (previous year: EUR 3.5 million; +226%). Management fees accounted for 63% of these revenues and performance fees for 32%. In the period under review, personnel expenses rose by 18% to EUR 8.0 million (previous year: EUR 6.8 million). At EUR 6.0 million, administrative expenses did not change from the same period of the previous year. The earnings per share in 1-9/2014 amount to EUR 2.67 (previous year: EUR 0.81; +229%). As per the reporting date, C-QUADRAT's assets under management amounted to approx. EUR 5.1 billion. With offices in Vienna, London, Frankfurt, Geneva, Hong Kong and Yerevan and sales activities in 19 countries, C-QUADRAT is active throughout Europe and Asia. "We are quite pleased with our results for the period. Thanks to the consistent growth of C-QUADRAT's assets under management, regular management fees have increased further. At the same time, the results are, to a large extent, carried by unpredictable performance fees which have ensued from the new peak levels reached by numerous C-QUADRAT funds", says C-QUADRAT founder and management board member Alexander Schütz on the subject of the company's quarterly results. With immediate effect, the interim report 1-9/2014 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 Schottenfeldgasse 20 A-1070 Wien Tel.: +43 1 515 66 316 Mail: a.wimmer@investmentfonds.at www.c-quadrat.com end of announcement euro adhoc -------------------------------------------------------------------------------- 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.at sector: Financial & Business Services ISIN: AT0000613005 indexes: Standard Market Auction stockmarkets: official market: Frankfurt, Wien language: English
Original content of: C-QUADRAT Investment AG, transmitted by news aktuell