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Catella AB – Interim Report third quarter 2013

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Third quarter 2013

  • Net sales SEK 259 M (231)
  • Profit/loss before tax SEK 16 M (-29). The previous year’s figure includes items affecting comparability of SEK -34 M
  • Profit/loss after tax SEK 10 M (-31)
  • Earnings per share SEK 0.12 (-0.38)
     

Nine-month period of 2013

  • Net sales SEK 689 M (689)
  • Profit/loss before tax SEK -8 M (-23)
  • Profit/loss after tax SEK -18 M (-28)
  • Earnings per share SEK -0.22 (-0.35)
  • Equity SEK 906 M (891)
  • Equity per share SEK 11.09 (10.91)
     

Corporate Finance

  • Third quarter: net sales were SEK 112 M (100) and profit before tax was SEK 22 M (8).
  • The improvement is mainly due to increased transaction volume and higher income in property advisory services
  • Third quarter: property transaction volumes of SEK 24.5 Bn (8.8)
  • Nine-month period: net sales of SEK 252 M (266) and profit/loss before tax SEK 3 M (0)
     

Asset management

  • Third quarter: net sales of SEK 150 M (134) and profit/loss before tax of SEK -2 M (-27). The previous year’s figure includes items affecting comparability of SEK -32 M
  • Third quarter: volumes under management increased by SEK 2.5 Bn and amounted to SEK 46.1 Bn (41.8) as of 30 September 2013. The net inflow was SEK 1.0 Bn
  • Nine-month period: net sales of SEK 442 M (426) and profit/loss before tax of SEK 10 M (-9)
     

“Catella reported both increased sales and improved profit in the third quarter, in year-on-year terms.The improvement is mainly due to stronger profit from property advisory services in the Corporate Finance operating segment and the fund operations in our Asset Management operating segment. As in previous quarters, profit was also charged with significant costs associated with the initiatives in our banking operations”, comments Johan Ericsson, Catella’s CEO and President.

The information in this Report is manda-tory for Catella AB (publ) to publish in accordance with the Swedish Financial Instruments Trading Act and/or the Swed-ish Securities Markets Act. This informa-tion was submitted to the market for publication on 22 November 2013 at 7:00 a.m. (CET).

For more information, please contact: 
Johan Ericsson
CEO and President
+46 8 463 33 10

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 an independent financial advisor and asset manager. We have operations in 12 European countries and some 450 employees. Catella has a strong offering in financial services through our business breadth, geographical coverage and leading position in the property sector. Catella is listed on Nasdaq OMX First North Premier, trading under the stock 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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Johan Ericsson Catella

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