News

18 mars, 2019

Change in Catella AB’s (publ) Group Management

Johan Nordenfalk, Chief Operating Officer (COO), will leave his employment and thereby Catella’s Group management for engagement outside of the company.
I would like to thank Johan for his long time and valuable efforts at Catella during the process of change that has been going on in recent years and I wish him all the best with new challenges,” Catella’s CEO Knut Pedersen comments.
Johan Nordenfalk remains in his position in order to ensure an orderly handover.

För ytterligare information, vänligen kontakta:
Knut Pedersen
Vd och koncernchef
+46 (0)8-463 33 10
knut.pedersen@catella.se

Press Contact
Jonas Burvall
Head of Group Communications
+46(0)766-27 97 55
jonas.burvall@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 190 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.
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7 mars, 2019

Power production in February 69.1 GWh

2019-03-07

Better winds than normal in February resulted in a power production of 69.1 GWh, compared to the month’s budget of 54.5 GWh.

Of this 33.5 GWh refers to Own wind power production and 35.6 GWh to Co-owned wind power production, compared to the months budget of 29.9 GWh and 24.6 GWh.

 

Halmstad 7 March, 2019
ARISE AB (publ)

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


26 februari, 2019

Fredrik Alvarsson resigns as CEO of CA Fastigheter AB

Press release 02/26/2019
The Board of CA Fastigheter AB regrets to announce that it has agreed, together with Fredrik, to Fredrik’s resignation as CEO of the company. The decision takes immediate effect.

As a consequence of the above, the Board has appointed current chairman Johan Damne as interim CEO, until the post can be filled again. The recruitment of a new CEO will start immediately.
As a result of this organizational change, board member Anders Ek has, on this day, taken over as Chairman of CA Fastigheter AB.
It is with regret that the parties have today decided to part company. We would like to take the opportunity to thank Fredrik for the work he has done in just over a year as CEO. We wish Fredrik luck in the future and hope to meet him in other situations in the industry,” says Johan Damne in a comment.

For more information, please contact:
Johan Damne, CEO, Claesson Anderzén AB, +46 (0)70-5860330
or
Johan Claesson, Chairman, Claesson & Anderzén AB, +46 (0)70-5471636


15 februari, 2019

Income and expenses related to the wind down of the Banking business area

The wind down and divestment of the Banking operations develops according to plan. In the Year-end report 2018 Catella will, in accordance with the IFRS accounting standard, report expenses of SEK 164 M and deferred tax assets of SEK 51 M, which relate to 2019 and are attributable to the wind down of the Banking business area. According to IFRS, consideration from the divestments of Wealth Management Sweden and Luxembourg and the Card issuing operation will be reported in connection with the completion of the transactions.
Total consideration, which is estimated to accrue to Catella, amount to approximately SEK 384 M attributable to the previously announced divestments. During the first half of 2019, consideration of approximately SEK 258 M is expected to be reported. In addition, approximately SEK 126 M is expected to accrue to Catella regarding the earn-out with a maximum potential of approximately SEK 240 M, which is attributable to the sale of the Card issuing operations. The earn-out will be reported at the end of 2019 or at the beginning of 2020.
Total expenses, from October 2018 to beginning of 2020, relating to the Banking business area are estimated at approximately SEK 368 M, of which SEK 164 M is reported in the fourth quarter of 2018. Expenses in 2019 and beginning of 2020 are expected to amount to approximately SEK 204 million.
As previously communicated, equity of SEK 437 M, as of September 30, 2018, is expected to be secured in Banking. Shareholders’ equity is expected to be transferred to the Parent Company upon completion of the wind down.
During the fourth quarter of 2018, the strategic review was completed when Catella entered into agreements to divest the Wealth Management operations in Luxembourg to VP Bank and 51% of the Wealth Management operations in Sweden to Söderberg & Partners and to divest the Card issuing operations in Luxembourg to Advanzia Bank S.A. The transaction regarding the Wealth Management operation in Luxembourg to VP Bank was completed in February 2019 and the final consideration amounted to SEK 95 M.
The transfer of card customers according to the agreement with Advanzia Bank S.A. will take place during 2019 and up to the beginning of 2020 to ensure that the maximum number of customers is part of the transaction.
As of the third quarter 2018, Catella reports the Banking business area as a divestment group held for sale.

For more information, please contact:
Knut Pedersen
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se
Niklas Bommelin
Investor Relations
+46 76 891 12 40
niklas.bommelin@catella.se
This is information that Catella AB (publ) 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 08.30 CET on 15 February 2019.
Catella is a leading specialist in property investments, fund management and banking, with operations in 14 countries. The group has assets under management of approximately SEK 180 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.


15 februari, 2019

Year-end report 1 January – 31 December 2018

2019-02-15

Fourth quarter (1 October – 31 December 2018)

Net sales for the quarter amounted to MSEK 90 (60).
Operating profit before depreciation and amortisation (EBITDA) was MSEK 46 (40), of which associates had an impact of MSEK 0 (7) on the Group. Operating cash flow was MSEK 30 (31).
Operating profit (EBIT) was MSEK 28 (22).
Profit before tax amounted to MSEK 5 (6).
Profit after tax totalled MSEK 2 (5), corresponding to SEK 0.07 (0.14) per share.
Production decreased to 168 GWh (202), of which Own wind power operations accounted for 85 GWh (108) and Co-owned wind power operations for 83 GWh (94). The decrease was due to weaker winds than normal.
Average income from Own wind power operations was SEK 437 per MWh (403), of which SEK 317 per MWh (280) pertained to electricity and SEK 120 per MWh (122) to electricity certificates.

Full-year (1 January – 31 December 2018)

Net sales for the period amounted to MSEK 343 (257).

Operating profit before depreciation and amortisation (EBITDA) was MSEK 191 (131), of which associates had an impact of MSEK 0 (7) on the Group. Operating cash flow was MSEK 114 (96).
Operating profit (EBIT) was MSEK 118 (-99).
Profit before tax amounted to MSEK 28 (-178).
Profit after tax totalled MSEK 21 (-180), corresponding to SEK 0.64 (-5.39) per share.
Production declined to 547 GWh (635), of which Own wind power operations accounted for 295 GWh (348) and Co-owned wind power operations for 252 GWh (287). The decrease was due to weaker winds than normal.
Average income from Own wind power operations was SEK 512 per MWh (380), of which SEK 344 per MWh (272) pertained to electricity and SEK 169 per MWh (109) to electricity certificates.

Halmstad 15 February, 2019
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