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    EANS-News  392  0 Kommentare 2016 Net Income for the Year of C-QUADRAT Investment AG

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    Corporate news transmitted by euro adhoc. The issuer/originator is solely
    responsible for the content of this announcement.
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    annual result

    · Total revenues: EUR 44.3 million
    · Group's net profit for the year amounts to EUR 3.3 million
    · Assets under management: EUR 6 billion

    In the 2016 financial year, C-QUADRAT Investment AG (ISIN
    AT0000613005) realized total revenues of EUR 44.3 million and a net
    profit for the period of EUR 3.3 million. At EUR 10.5 million,
    personnel expenses were 4.8% lower than in the previous year. Other
    administrative expenses and other operating expenses amounted to EUR
    8.6 million (2.1% lower than in 2015) and EUR 0.7 million (7.6% lower
    than in 2015) respectively.

    Over the course of the year, assets under management increased by
    11.7% and had reached an all-time high of EUR 6 billion as of
    December 31, 2016.

    The dividend proposal is EUR 1.50 per share (2015: EUR 4.0 per
    share).

    "We managed to increase our volume of assets under management to an
    all-time high in 2016, while implementing a cost-cutting program at
    the same time. Our revenue and earnings trends in 2016 were
    nonetheless clearly negatively affected by the almost complete loss
    of performance-related management fees, which had reached a record
    level in 2015. While earnings for the first six months of 2016 fell
    significantly short of earnings in the same period in 2015, the
    company's business development picked up considerably in the second
    half of the year and surpassed the same six-month period in the
    previous year. In addition, in 2016 we continued to invest in
    promising projects in order to diversify our product range. Sales of
    funds in the Social Impact Investing segment developed highly
    positively. We have been granted permission to distribute our
    microfinance funds in Germany, and these funds have met with a very
    warm response on the market. We have also made huge progress with our
    special funds for institutional investors," says C-QUADRAT founder
    and management board member Alexander Schütz on the subject of the
    company's net income for the year.

    With immediate effect, the 2016 consolidated financial statements and
    the standalone financial statements of C-QUADRAT Investment AG may be
    downloaded from the Investor Relations section of its website
    www.c-quadrat.at.

    Further inquiry note:
    Andreas Wimmer
    Schottenfeldgasse 20
    A-1070 Vienna
    Tel.: +43 1 515 66 316
    Email: a.wimmer@investmentfonds.at
    www.c-quadrat.com

    end of announcement euro adhoc
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    company: C-QUADRAT Investment AG
    Schottenfeldgasse 20
    A-1070 Wien
    phone: +43 1 515 66-0
    FAX: +43 1 515 66-159
    mail: c-quadrat@investmentfonds.at
    WWW: www.c-quadrat.com
    sector: Financial & Business Services
    ISIN: AT0000613005
    indexes: Standard Market Auction
    stockmarkets: official market: Frankfurt, Wien
    language: English






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    EANS-News 2016 Net Income for the Year of C-QUADRAT Investment AG - Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. - annual result · Total revenues: EUR 44.3 million · Group's net profit for the year amounts to EUR 3.3 million …