Catella AB
Although market uncertainty is affecting Catella, we experienced a strong inflow of capital with high business and transaction activity in the fourth quarter. Income increased by 15% year on year to SEK 571 M. All business areas returned growth although Mutual Funds reported the highest profit growth.
Fourth quarter
The Group
◾Total income SEK 571 M (496)
◾Net sales SEK 566 M (492)
◾Operating profit SEK 111 M (83)
◾Profit before tax SEK128 M (102)
◾Profit after tax SEK 128 M (102), of which attributable to parent company owners SEK 123 M (96)
◾Earnings per share SEK 1.50 (1.18)
Corporate Finance
◾Total income SEK 226 M (216)
◾Net sales SEK 222 M (215)
◾Operating profit SEK 31 M (54)
◾Property transaction volumes of SEK 25.4 Bn (36.1):
– Sweden SEK 10.5 Bn (14.0)
– France SEK 8.5 Bn (13.2)
– Germany SEK 1.8 Bn (4.1)
Asset Management and Banking
◾Total income SEK 353 M (284)
◾Net sales SEK 352 M (282)
◾Operating profit 89 M (40)
◾Assets under management:
– increase SEK 7.5 Bn (10.5)
– of which net inflows SEK 5.1 Bn (5.7)
Full year 2015
The Group
◾Total income SEK 1,866 M (1,457)
◾Net sales SEK 1,853 M (1,445)
◾Operating profit SEK 261 M (167)
◾Profit before tax SEK 306 M (248)
◾Profit after tax SEK 272 M (227), of which attributable to parent company owners SEK 243 M (217)
◾Earnings per share SEK 2.97 (2.66)
◾Equity was SEK 1,436 M (1,252)
◾Equity per share SEK 16.14 (14.24)
◾The Board of Directors is proposing a dividend of SEK 0.60 (0.20) per class A and B share for 2015
Corporate Finance
◾Total income SEK 630 M (529)
◾Net sales SEK 623 M (527)
◾Operating profit 66 M (79)
◾Property transaction volumes of SEK 58.3 Bn (73.1):
– Sweden SEK 25.1 Bn (28.1)
– France SEK 19.2 Bn (29.7)
– Germany SEK 3.6 Bn (4.6)
Asset Management and Banking
◾Total income SEK 1,253 M (936)
◾Net sales SEK 1,245 M (925)
◾Operating profit/loss SEK 228 M (119)
◾Assets under management SEK138.3 Bn (122.4):
– increase SEK 15.8 Bn (27.2)
– of which net inflows SEK 14.4 Bn (19.7)
“Although market uncertainty is affecting Catella, we experienced a strong inflow of capital with high business and transaction activity in the fourth quarter. Income increased by 15% year on year to SEK 571 M. All business areas returned growth although Mutual Funds reported the highest profit growth”, 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 19 February 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 Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se
