EANS-News: HALF-YEAR RESULTS 2015 FOR C-QUADRAT INVESTMENT AG
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 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.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
Original content of: C-QUADRAT Investment AG, transmitted by news aktuell