EANS-News: C-QUADRAT Investment AG
CONSOLIDATED NET PROFIT 1-3/2012 OF
C-QUADRAT INVESTMENT AG
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 3-month report Vienna / Frankfurt (euro adhoc) - - Satisfactory result despite continuing uncertain market environment - EUR 0.7 million net profit for the period - Clear reduction in commission and personnel expenses In the interim period 1-3/2012 C-QUADRAT Investment AG (ISIN AT0000613005) realized a consolidated net profit of EUR 0.7 million despite the continuing uncertain environment on the capital markets. Operating income in the first quarter of 2012 amounted to EUR 10.9 million. In terms of costs, fee and commission as well as personnel expenses were significantly reduced in relation to the same period in the previous year. C-QUADRAT founder and management board member Alexander Schütz comments: "The stock market environment remains uncertain and volatile. C-QUADRAT has responded to this situation by launching a strict program of cost savings. We will intensify these efforts over the course of the year and I am convinced that C-QUADRAT will once again realize a positive result in the current year." With immediate effect, the interim report 1-3/2012 of C-QUADRAT Investment AG is available for downloading at www.c-quadrat.at in the Investor Relations area. Further inquiry note: Mag. Andreas Wimmer Stubenring 2 A-1010 Vienna 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 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
Original-Content von: C-QUADRAT Investment AG, übermittelt durch news aktuell