EANS-News: 2014 NET INCOME FOR THE YEAR OF C-QUADRAT INVESTMENT AG
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- annual result .) Total Group revenues up 37% to EUR 94.9 million (2013: EUR 69.0 million) .) Group's net profit for the year increases to EUR 22.4 million (2013: EUR 9.5 million) .) Dividend proposal for shareholders' meeting: EUR 3.0 per share (2013: EUR 2.0 per share) In 2014 C-QUADRAT Investment AG realized another highly successful financial year. This success was due to various factors. The company's positive revenue and earnings trends were mainly attributable to healthy core business, significant growth in the volume of assets under its management thanks to the performance of C-QUADRAT's funds, the expansion of its sales activities and efficient cost management. Revenue from regular management fees was increased thanks to the significant rise in the volume of assets under the company's management. Moreover, the solid performance of the funds of C-QUADRAT and its subsidiaries generated considerable performance-based management fees. Overall, this yielded growth of 37% in the Group's total revenues, which amounted to EUR 94.9 million (2013: EUR 69.0 million). The subsidiaries also provided significant contributions to consolidated earnings. Net income from associates increased by 98.3% to EUR 8.5 million (2013: EUR 4.3 million). In overall terms, in 2014 pre-tax earnings of EUR 27.1 million (2013: EUR 11.2 million) and a net profit for the year (after taxes) of EUR 22.4 million (2013: EUR 9.5 million) were realized. Earnings per share amount to EUR 5.05 (2013: EUR 2.20). C-QUADRAT founder and management board member Alexander Schütz says of these results: "2014 was a very good year for unit holders in C-QUADRAT funds and it was also a very good year for C-QUADRAT's shareholders. Thanks to the continuing growth in the volume of assets managed by the C-QUADRAT Group, the company has realized further improvements in its revenue base. We will continue to pursue our strategy of the company's internationalization." With immediate effect, the 2014 consolidated financial statements and the standalone financial statements of C-QUADRAT Investment AG are available in German for downloading at www.c-quadrat.at in the Investor Relations area. English versions will follow soon. Further inquiry note: Andreas Wimmer Member of the board Schottenfeldgasse 20 A-1070 Vienna Tel.: +43 1 515 66 316 E-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.com sector: Financial & Business Services ISIN: AT0000613005 indexes: Standard Market Auction stockmarkets: official market: Frankfurt, Wien language: English
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