Månad: februari 2018

Catella publishes preliminary figures for 2017

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Catella publishes preliminary figures for 2017 and conducts a strategic review of card acquiring, resulting in reduced income in 2018
Following a strategic review of the card acquiring business that will result in reduced income in 2018, Catella has chosen to publish preliminary figures. Catella’s total income for the full-year 2017 amounts to SEK 2,477m (2,027), operating profit before impairment of intangible assets to SEK 414m (258) and profit for the period to SEK 284m (207*), of which attributable to shareholders of the parent company SEK 192m (122*). Finalised figures will be published in full on Friday, 23 February 2018 in Catella’s year-end report.
Catella has decided to conduct a strategic review of its card acquiring business. As a consequence, the client portfolio will be reduced and strategic options will be evaluated in relation to the remaining client portfolio. Income within the card acquiring business is expected to decrease by approximately SEK 70m annually from end of the first quarter of 2018. As a consequence of the strategic review, impairment of intangible assets and goodwill will take place totalling SEK 53m per 31 December 2017 in the Banking business area.
The total impairment of intangible assets amounts to SEK 53m per 31 December 2017, of which a goodwill impairment of SEK 20m is attributable to the anticipated reduction in income within the card acquiring business. Other impairment is a consequence of the strategic review and relates to other intangible assets of SEK 33m, expenses that are largely capitalised in 2017 and are attributable to IT systems and product development.
“The decrease in income within the card acquiring business should be considered in relation to Catella’s total income for full year 2017 of SEK 2,477m and an operating profit of SEK 414m before impairment of the intangible assets. This is the best operating profit that Catella has generated and we strongly believe that the initiatives taken within the Catella group will lead to continued growth going forward,” says Knut Pedersen, Catella’s CEO.
* Excluding the sale of shares in Visa Europe that took place in the second quarter of 2016 and gave a non-recurring effect for full-year 2016 of SEK 224m before tax reported in net financial income and SEK 150m after tax.

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

This information is information that Catella AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 7:00 p.m. CET on 21 February 2018.

Catella is a leading specialist in property investments, fund management and banking, with operations in 14 European countries. The group manages assets of approximately SEK 170 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.

Year-end report 1 January – 31 December 2017

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Fourth quarter (1 October – 31 December 2017)
Net sales for the quarter amounted to MSEK 60 (290).
Operating profit before depreciation and amortisation (EBITDA) was MSEK 40 (61), of which associates had an impact of MSEK 7 (0) on the Group. Operating cash flow was MSEK 31 (41).
Operating profit (EBIT) was MSEK 22 (33).
Profit before tax amounted to MSEK 6 (12).
Profit after tax totalled MSEK 5 (10), corresponding to SEK 0.14 (0.30) per share.
Production declined to 202 GWh (238), of which Own wind power operations accounted for 108 GWh (128) and Co-owned wind power operations for 94 GWh (110), due to divestment of operating farms.
Average income from Own wind power operations was SEK 403 per MWh (433), of which SEK 280 per MWh (310) pertained to electricity and SEK 122 per MWh (122) to electricity certificates.
Repurchase of secured bonds at a nominal amount of about MSEK 52 was carried out.
An option agreement was signed with the right to acquire the Enviksberget project (app. 35 MW).

Full-year (1 January – 31 December 2017)
Net sales for the period amounted to MSEK 257 (594).
Operating profit before depreciation and amortisation (EBITDA) was MSEK 131 (138), of which associates had an impact of MSEK 7 (0) on the Group. Operating cash flow was MSEK 96 (185).
A decision was made during the year to recognise impairment of MSEK 152 (18) on the company’s assets in relation to Own wind power operations and Development and management.
Underlying EBIT (EBIT before non-cash impairment) was MSEK 54 (51) and EBIT was MSEK -99 (33).
Underlying loss before tax (loss before tax and non-cash impairment) amounted to MSEK -26 (-34).
Loss before tax amounted to MSEK -178 (-52) after non-cash impairment.
Loss after tax and impairment amounted to MSEK -180 (-41), corresponding to SEK -5.39 (-1.23) per share.
Production declined to 635 GWh (640), of which Own wind power operations accounted for 348 GWh (353) and Co-owned wind power operations for 287 GWh (287), due to divestment of operating farms.
Average income from Own wind power operations was SEK 380 per MWh (433), of which SEK 272 per MWh (297) pertained to electricity and SEK 109 per MWh (136) to electricity certificates.

Halmstad 16 February, 2018
ARISE AB (publ)

For further information, please contact
Daniel Johansson, VD Arise AB, +46 702 244 133
Linus Hägg, CFO Arise AB, +46 702 448 916

This information is information that Arise AB] is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication through the agency of the contact persons set out above, at 08.00 CET on 16 February 2018.

About Arise
Arise is one of Sweden’s leading wind power companies, with the business concept to develop, build and manage onshore wind farms for its own account and on behalf of investors. The company is listed on NASDAQ Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone +46 (0)10 450 71 00, corporate id .no. 556274-6726
E-mail info@arise.se, www.arise.se

CA Fastigheter säljer Västerviks Stadshotell

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Pressmeddelande 

CA Fastigheter AB har idag avtalat om försäljning av dotterbolaget Majo Hotellinvest AB innehållande såväl fastigheten Västervik Residenset 24 som själva hotellverksamheten, Västerviks Stadshotell. Köpare är Frea Capital AB, som idag bl a äger och driver Vimmerby Stadshotell.

Västerviks Stadshotell, vilket ingår i Best Western, uppfördes av CA Fastigheter AB 1990 och har varit i bolagets ägo sedan dess. Att driva hotellverksamheten har inte varit en del av CA Fastigheter AB:s kärnverksamhet. Verksamheten innehåller en personalstyrka om ca 40 personer vilka samtliga följer med i affären.
Frea Capital AB tillträder i april.

-”Försäljningen är i linje med vår affärsidé att äga och förvalta samt utveckla fastigheter i större tillväxtorter. Därtill är vi ingen optimal ägare till operativ hotellverksamhet. Vi har därför under lång tid försökt hitta en köpare som är villig att förvärva såväl fastigheten som verksamheten. I Frea Capital AB har vi hittat en köpare som vi är övertygade kan utveckla verksamheten, vilket kommer vara positivt för vår personal i hotellbolaget,” säger CA Fastigheter AB:s affärsutvecklare Mikael Holmgren i en kommentar.

För mer information se vår hemsida www.cafastigheter.se eller kontakta:
Affärsutvecklare Mikael Holmgren, 070-822 71 08.

CA Fastigheter AB är en familjeägd fastighetskoncern som idag drivs av tredje generationen. Koncernen bedriver främst fastighetsförvaltning och fastighetsutveckling av eget ägda fastigheter belägna i södra Sverige. Förvaltningen, som omfattar ca 650 000 kvm, är indelad i tio regioner med kontor på sex orter i Sverige; Borås, Jönköping, Kalmar, Malmö, Stockholm och Växjö. Huvudkontoret finns i Kalmar.
Utöver den svenska verksamheten äger företaget även fastigheter i Tyskland, Ryssland och Estland.

Förvaltningen bedrivs till största delen med egen personal, såväl vad avser teknisk och ekonomisk administration som teknisk skötsel. Målsättningen med koncernens fastighetsägande är att förvalta och utveckla befintliga fastigheter för att maximera värdeutveckling. Detta skall åstadkommas genom att koncentrera fastighetsbeståndet till centralt belägna fastigheter, i vilka vi tillhandahåller bostäder och kommersiella lokaler med hög standard och med bästa tänkbara service gentemot våra hyresgäster.

Power production in January 52.7 GWh

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Weaker winds than normal in January resulted in a power production of 52.7 GWh, compared to the month’s budget of 70.1 GWh.
Of this 30.7 GWh refers to Own wind power production and 22.0 GWh to Co-owned power production, compared to the month’s budget of 36.0 GWh and 34.1 GWh.

Halmstad 9 February, 2018
ARISE AB (publ)

For further information, please contact
Daniel Johansson, CEO Arise AB, +46 702 244 133

This information is information that Arise AB is obliged to make public pursuant to the EU MarketAbuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 12.30 CET on 9 February, 2018.

Share acquisition in IPM completed

Posted on by Isabella

Catella announced on 27 November 2017 that the company had entered into an agreement with a number of existing shareholders in IPM Informed Portfolio Management B.V. (“IPM B.V.”) to secure continued control of its subsidiary IPM Informed Portfolio Management AB (“IPM AB”). The acquisition was conditional upon certain terms that have now been met, and the transaction has been completed.
Catella’s acquisition of shares in IPM B.V. was conditional in part upon approval by the financial supervisory authority in Luxembourg, Commission de Surveillance du Secteur Financier (CSSF), and the general meeting of shareholders in Catella AB. These conditions have now been met. Catella has therefore, through the bid described in greater detail in the press release of 27 November 2017, acquired approximately 13 percent of the shares in IPM B.V. The deal is based on an enterprise value for IPM AB of approximately SEK 2 billion and the acquisition price amounted to SEK 198.5 million. An earnout will be payable equivalent to 50 percent of the acquired shares’ proportion of IPM AB’s net profit after tax for 2017. Catella’s direct and indirect ownership of IPM AB following the transaction amounts to 60.6 percent.

For more information, please contact:
Knut Pedersen
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se
Erik Kjellgren
Head of Equity, Hedge and Fixed Income Funds
+46 8-614 25 12, +46 70-314 40 35
erik.kjellgren@catella.se

About Catella: Catella is a leading specialist in property investments, fund management and banking, with operations in 14 European countries. The group has assets under management of approximately SEK 170 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.