Catella AB – Interim Report first quarter 2015

Growth remained solid and profit improved in the asset managing operations at the start of the 2015, driven by the expanding business and sound underlying cost control. Although Q1 is seasonally weak in terms of Corporate Finance’s profitability, underlying activity remained high, and we’re well-positioned to participate in the growing interest in properties as an asset class.

First quarter 2015

  • Total income SEK 419 M (267)
  • Net sales SEK 413 M (262)
  • Operating profit/loss* SEK 49 M (18)
  • Profit/loss before tax SEK 52 M (26)
  • Profit after tax SEK 43 M (15), of which attributable to parent company owners SEK 35 M (15)
  • Earnings per share** SEK 0.43 (0.18)
  • Equity was SEK 1,248 M (946)
  • Equity per share was** SEK 14.09 (11.25)

Corporate Finance

  • First quarter: total income SEK 87 M (70), of which net sales SEK 86 M (70)
  • First quarter: operating profit/loss* SEK -15 M (-8)
  • First quarter: property transaction volumes of SEK 6.7 Bn (9.7), of which France SEK 2.8 Bn (4.4), Sweden SEK 2.4 Bn (4.8) and Germany SEK 0.6 Bn (0.1)

Asset Management and Banking

  • First quarter: total income SEK 334 M (198), of which net sales SEK 329 M (192)
  • First quarter: operating profit/loss* SEK 72 M (31)
  • First quarter: asset under management increased by SEK 8.8 Bn (7.8), amounting to SEK 131.2 Bn (60.1) as of 31 March 2015. Net inflows were SEK 4.3 Bn (6.5)

“Growth remained solid and profit improved in the asset managing operations at the start of the 2015, driven by the expanding business and sound underlying cost control. Although Q1 is seasonally weak in terms of Corporate Finance’s profitability, underlying activity remained high, and we’re well-positioned to participate in the growing interest in properties as an asset class”, says Knut Pedersen, Catella’s CEO and President.

The information in this Report is mandatory for Catella AB (publ) to publish in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Markets Act. This information was submit-ted to the market for publication on 8 May 2015 at 7:00 a.m. (CET).

For more information, please contact: 
Knut Pedersen
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se  

Press contact:
Ann Charlotte Svensson
Head of Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se  

About Catella: Catella is a financial advisor and asset manager with specialist expertise within property, fixed income and equities. We have a leading position in the property sector and a strong local presence in Europe, with some 500 employees in 12 countries. Catella is listed on First North Premier at Nasdaq Stockholm. Read more at catella.se.

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About Us

Catella is a leading specialist in property investments, fund management and banking, with operations in 12 European countries. The group has sales of approximately SEK 2 billion and manages assets of approximately SEK 150 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.

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