Catella AB – Interim Report third quarter 2015

The Group’s total income increased by 32% year-on-year despite the market turbulence, mainly driven by increased Corporate Finance activity and performance-based earnings in Systematic Funds. Consolidated operating profit was SEK 55 M in the third quarter, a year-on-year increase of SEK 34 M.

Third quarter

The Group
Total income SEK 455 M (345)
Net sales SEK 455 M (343)
Operating profit/loss* SEK 55 M (21)
Profit/loss before tax SEK 70 M (34)
Profit after tax SEK 51 M (25), of which attributable to parent company owners SEK 37 M (21)
Earnings per share** SEK 0.45 (0.26)
Equity was SEK 1,326 M (1,116)
Equity per share** SEK 15.08 (12.74)

Corporate Finance
Total income SEK 156 M (102), of which net sales SEK 155 M (101)
Operating profit/loss* SEK 24 M (11)
Property transaction volumes of SEK 10.3 Bn (15.7):

Asset Management and Banking
Total income SEK 301 M (244), of which net sales SEK 300 M (243)
Operating profit/loss* SEK 38 M (17)
Assets under management SEK 130.8 Bn (111.9):
- decrease SEK 1.0 Bn (2.5) in the quarter
- of which net inflows SEK 1.7 Bn (2.8) in the quarter


Nine-month period

The Group
Total income SEK 1,294 M (962)
Net sales SEK 1,287 M (953)
Operating profit/loss* SEK 150 M (84)
Profit/loss before tax SEK 178 M (146)
Profit after tax SEK 144 M (125), of which attributable to parent company owners SEK 120 M (121)
Earnings per share** SEK 1.47 (1.48)

Corporate Finance
Total income SEK 404 M (313)
Net sales SEK 402 M (312)
Operating profit/loss* SEK 35 M (26)

Asset Management and Banking
Total income SEK 900 M (652)
Net sales SEK 894 M (644)
Operating profit/loss* SEK 139 M (79)

“The Group’s total income increased by 32% year-on-year despite the market turbulence, mainly driven by increased Corporate Finance activity and performance-based earnings in Systematic Funds. Consolidated operating profit was SEK 55 M in the third quarter, a year-on-year increase of SEK 34 M”, 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 submitted to the market for publication on 6 November 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 in-depth knowledge of property, fixed income and equities. Catella is a leader in the property sector, with a strong local presence in Europe, and employs some 500 professionals in 12 countries. Catella is listed on First North Premier on 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 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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