Catella AB – Interim Report second quarter 2014

Second quarter 2014

  • Net sales were SEK 348 M (240)
  • Profit/loss before tax was SEK 86 M (17), of which positive value adjustment of loan portfolios of SEK 32 M (8)
  • Profit/loss after tax was SEK 85 M (11)
  • Earnings per share were SEK 1.04 (0.13)
     

First half-year 2014

  • Net sales SEK 610 M (430)
  • Profit/loss before tax SEK 112 M (-24)
  • Profit/loss after tax SEK 100 M (-28)
  • Earnings per share: SEK 1.22 (-0.34)
  • Equity: SEK 1,050 M (896)
  • Equity per share: SEK 12.86 (10.97)
     

Corporate Finance

  • Second quarter: net sales were SEK 141 M (92) and profit/loss before tax was SEK 24 M (8)
  • Second quarter: property transaction volumes of SEK 11.6 Bn (10.1)
  • First half-year: net sales of SEK 211 M (140) and profit/loss before tax of SEK 16 M (-19)
  • First half-year: property transaction volumes of SEK 21.3 Bn (12.7)
     

Asset Management

  • Second quarter: net sales SEK 209 M (150) and profit/loss before tax of SEK 32 M (13)
  • Second quarter: volumes under management increased by SEK 6.5 Bn and amounted to SEK 66.6 Bn (43.5) as of 30 June 2014. The net inflow was SEK 4.7 Bn
  • First half-year: net sales of SEK 401 M (292) and profit/loss before tax of SEK 61 M (12)
  • First half-year: volumes under management increased by SEK 14.3 Bn (2.3), of which net inflow was  SEK 11.2 Bn (1.6)
     

“Activity in our advisory services increased on most markets compared to 2013. Net inflow to Catella’s funds remained strong, mainly to our Swedish funds”, 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 Trading Act and/or the Swedish Securities Markets Act. This information was submitted to the market for publication on 25 August 2014 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 provides specialised financial advisory services and is a leader in the property sector. Catella also provides asset management, with specialist expertise in the property, fixed-income and equity asset classes. We have a strong local presence in Europe, with some 450 employees in 12 countries. Catella is listed on Nasdaq OMX First North Premier and is traded under the ticker symbols CAT A and CAT B. The company’s certified advisor is Remium AB. Read more about Catella at www.catella.com.

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About Us

Catella is a leading specialist in property investments, fund management and banking, with operations in 14 European countries. The group has sales of approximately SEK 2 billion and manages assets of approximately SEK 180 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.

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