Kategori: Catella

Today Catella AB (publ) held its annual general meeting at which the following resolutions were adopted:
• To adopt the income statement and balance sheet for the parent company and the consolidated income statement and consolidated balance sheet for 2015.
• Retained profits and net profit for the year shall be carried forward.
• To pay a dividend of SEK 0.60 (0.20) per share for the financial year 2015. The record date for the dividend is June 1, 2016. It is estimated that payment will be made through Euroclear Sweden AB on June 7, 2016.
• The number of board members shall be five (5) and no deputy board members are to be elected, and that one auditor is elected.
• Fees to board members totalling SEK 1,870,000 (previous year SEK 1,700,000), of which the chairman of the board shall receive SEK 550,000 (SEK 500,000) and other board members SEK 330,000 (SEK 300,000) each. The audit fee shall be payable in accordance with the approved invoice.
• Re-election of all existing board members, Johan Claesson, Johan Damne, Joachim Gahm, Anna Ramel and Jan Roxendal. Johan Claesson was elected chairman of the board.
• PricewaterhouseCoopers AB was re-elected as the company’s auditor for a new term from the end of the AGM 2016 to the end of the AGM 2017, with Patrik Adolfson as auditor-in-charge.
• To adopt the nomination committee’s proposals regarding principles for the nomination committee for the AGM 2017.
• To approve a resolution proposed by the board regarding guidelines for remuneration to senior executives.

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 Group 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 more than 500 professionals in 12 countries. Catella is listed on First North Premier on Nasdaq Stockholm. Read more at catella.se

10 May 2016  Catella AB
Assets under management totalled SEK 135.7 Bn at the end of the quarter. This corresponds to a year-on-year increase of 3%. Transaction activity was in line with last year. Catella’s income increased by 10% in the first quarter year-on-year, to SEK 462 M. Consolidated operating profit was SEK 62 M, SEK 13 M up on the previous year.

CATELLA INTERIM REPORT Q1 2016
CATELLA Q1 2016
The Group
Total income SEK 462 M (419)
Net sales SEK 450 M (413)
Operating profit/loss SEK 62 M (49)
Profit/loss before tax SEK 75 M (52)
Profit after tax SEK 55 M (43), of which attributable to parent company owners SEK 17 M (35)
Earnings per share SEK 0.21 (0.43)
Equity SEK 1,486 M (1,248)
Equity per share SEK 16.28 (14.08)
Corporate Finance
Total income SEK 80 M (87)
Net sales SEK 73 M (86)
Operating profit/loss SEK -12 M (-15)
Property transaction volumes of SEK 6.2 Bn (6.7):
– Sweden SEK 3.2 Bn (2.4)
– France SEK 1.5 Bn (2.8)
– Germany SEK 0.4 Bn (0.6)
Asset Management and Banking
Total income SEK 386 M (334)
Net sales SEK 379 M (329)
Operating profit/loss* SEK 83 M (72)
Assets under management SEK 135.7 Bn (131.2)
– decrease of SEK 2.6 Bn (+8.8)
– of which net outflows SEK 1.2 Bn (+4.3)
“Assets under management totalled SEK 135.7 Bn at the end of the quarter. This corresponds to a year-on-year increase of 3%. Transaction activity was in line with last year. Catella’s income increased by 10% in the first quarter year-on-year, to SEK 462 M. Consolidated operating profit was SEK 62 M, SEK 13 M up on the previous year”, 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 10 May 2016 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 Group Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se

03 May 2016  | Corporate Finance
The property sector is currently witnessing the rise of a new kind of company – proptechs. Their aim is to bring about disruptive change in the sector and trigger a digital transformation similar to the one happening in the financial sector with fintechs. At present, the main focus of proptechs is crowdfunding and property brokerage platforms.
PRESS RELEASE
CATELLA MARKET TRACKER PROPTECH MAY 2016
THOMAS BEYERLE CATELLA
In its latest Market Tracker, Catella investigates the booming market for proptechs, defined as new companies whose business models link innovative technological opportunities with the real estate sector.
Looking at the current situation in the property sector, Dr. Thomas Beyerle, Head of Group Research at Catella, says, “This issue is still in its infancy in continental Europe. The reason lies in the pronounced discrepancies between different European countries and along the entire value chain when it comes to the willingness to tackle the necessary workload associated with digitalisation.”
Last year alone, some USD 1.5 billion was invested in the development of proptech companies, and Catella believes this sum will increase to USD 2.3 billion by the end of 2016. However, the US and China will account for no less than 75 % of this investment, and the European countries combined will account for only 5 %.
The specific factors shaping the real estate sector need to be taken into account when analysing the scene. At present, the main focus of proptechs is on two sub-segments: crowdfunding (ultimately another form of finance) and property brokerage platforms. These are the first real offers to make an appearance on the competitive radar. Ranging from classic brokerage activities (marketing platforms) to planning tools such as building information modelling (BIM), and from crowdfunding models to the software-supported mapping of interiors, developers have very high hopes for quick market growth, according to Catella’s analysts.
“But there is still a long way to go before we see a substantive change in the market. Most proptech firms simply do not have access to the industry. They are also hampered by a structural drawback, with a lack of data. Then there is the real estate sector’s own internal capacity for development, which should not be underestimated,” says Beyerle. “For example, some signs are already pointing the way towards a ‘pay per use’ model for floor space. This is the first thing that service providers should prepare themselves for,” he concludes.
The Catella Market Tracker, May 2016 is now available at www.catella.com/research.

For more information, please contact:
Dr. Thomas Beyerle
Head of Group Research
+49 69 310 19 30 220
thomas.beyerle@catella.de

Press contact:
Ann Charlotte Svensson
Head of Group Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se

Catella in new landmark residential portfolio transaction
18 April 2016  | Corporate Finance
Catella has acted as sole financial advisor to Carlsberg Foundation on the sale of six real estate companies in Denmark to three leading Danish pension funds, at a value of EUR 148 million.

PRESS RELEASE
CATELLA ADVISOR TO CARLSBERG FOUNDATION
“We appreciate the trust shown to Catella by the venerable Carlsberg Foundation – the world’s first commercial foundation,” says Jesper Bo Hansen, Head of Catella Corporate Finance.
“I am very pleased that we have managed to reach agreement with three highly regarded Danish pension funds that have long-term investment profiles and extensive experience with property – an agreement that will continue the companies’ real estate activities for the benefit of current and future tenants,” says Professor Flemming Besenbacher, Chairman of Carlsberg Foundation.
The buyers are PFA Pension (49%), Juristerne og Økonomernes Pensionskasse (34%) and Danske Civil- og Akademiingeniørers Pensionskasse (17%).
The properties have been owned by Carlsberg Foundation since before the Second World War.
“Real estate transactions are becoming increasingly complex, and we are determined to position ourselves as a leading financial advisor in today’s complex business environment – we want to be the link between property and finance. Any complex transaction requires the ability to closely interact and cooperate with other specialised advisors. The completion of this transaction was successfully secured through strong cooperation with Plesner, EY and DEAS,” says Jesper Bo Hansen.

For more information, please contact:
Jesper Bo Hansen
Head of Corporate Finance
+45 33 93 75 93
jesper.bo@catella.dk

Press contact:
Ann Charlotte Svensson
Head of Group Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se

15 April 2016  | Funds
Henrik Gripenvik has been appointed as a new portfolio manager at Catella. Henrik has extensive experience as an analyst, most recently from Futuris Asset Management at Brummer & Partners.
PRESS RELEASE
“We are pleased and proud to be able to announce Henrik as portfolio manager at Catella. Catella has high ambitions for its portfolio management and, with his solid background in equity research, Henrik will be an excellent complement to the existing team,” says Erik Kjellgren, Head of the Swedish fund operations.
Henrik Gripenvik has worked for nine years as an analyst at Futuris Asset Management, which is part of the Brummer & Partners group. For the last two years he has been a partner at the company, focused mainly on detailed analysis of engineering companies. Prior to that Henrik worked at Handelsbanken.
“Catella has grown significantly in fund management in recent years, and we are now further strengthening the team in order to develop the business. We have chosen to recruit an individual with extensive experience in equity research since we conduct active management of both long and short positions, and with large variation from index,” says Erik Kjellgren.
Henrik Gripenvik will join Catella on 2 May 2016.

For more information, please contact:
Erik Kjellgren
Head of Swedish Fund Operations
+46 8 614 25 12, +46 70 314 40 35
erik.kjellgren@catella.se

Press contact:
Ann Charlotte Svensson
Head of Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se