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Press release Box-ID: 597662

C-QUADRAT Investment AG Schottenfeldgasse 20 1070 Wien, Austria http://www.c-quadrat.at
Contact Mr Andreas Wimmer +43 1 51566316
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C-QUADRAT Investment AG

Consolidated Net Profit 1-3/2013 of C-QUADRAT Investment AG

(PresseBox) (Vienna/Frankfurt, )
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- Strong improvement in earnings in Q1 2013

- Net profit for the period of EUR 1.9 million (+185 %)

- Operating income increase to EUR 15.3 million (+40 %)

- Strong growth in assets under management

- C-QUADRAT takes majority stake in QC Partners

In the interim period 1-3/2013 C-QUADRAT Investment AG (ISIN AT0000613005) realized strong growth in its earnings and a net profit of EUR 1.9 million (previous year: EUR 0.7 million, +185 %). Operating income for the first quarter of 2013 amounted to EUR 15.3 million (previous year: EUR 10.9 million, +40 %). These quarterly figures include for the first time the earnings contributed by the Company’s acquisitions in the previous year, the asset managers BCM (London/Geneva) and APM (Vienna).

With growth of 47 % in the space of 12 months, the Group has achieved a strong increase in the total volume of assets under its management. At the end of March 2013 this amounted to EUR 4.47 billion.

In late April, QC Partners GmbH – in which the C-QUADRAT Group now holds a majority stake (50.01 %) – closed its acquisition of the asset management business of the German-French investment bank Kepler Cheuvreux. QC Partners GmbH is an asset manager seated in Frankfurt which specializes in alternative investment strategies. QC Partners GmbH’s assets under management currently total EUR 160 million. Its partners are the investment boutique Q-Advisers as well as its management.

C-QUADRAT founder and management board member Alexander Schütz comments: “2013 has got off to a good start. C-QUADRAT is very well placed, with a broadly diversified product range, while the earnings generated by our two new asset management subsidiaries – BCM and APM – have exceeded our expectations.”

With immediate effect, the interim report 1-3/2013 of C-QUADRAT Investment AG may be downloaded from the Investor Relations section of its website www.c-quadrat.at.
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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.