1 February 2017 | Catella Group
In the fourth quarter, Catella’s total income increased by 7% to SEK 610 M (571) year on year. The growth is mainly due to increased assets under management and an increase in transactions in Property Funds and Wealth Management. The Group’s operating profit was SEK 84 M (110) in the quarter and the reduction in operating profit is mainly due to lower variable earnings. Even if variable earnings were down, Catella’s fixed earnings increased, both in the quarter and for the year.
Catella Year-end Report 2016
FOURTH QUARTER, GROUP
◾Total income SEK 610 M (571)
◾Net sales SEK 607 M (566)
◾Operating profit/loss* SEK 85 M(111)
◾Operating profit/loss SEK 84 M (110)
◾Profit/loss before tax SEK 80 M (128)
◾Profit for the period SEK 58 M (128), of which attributable to parent company shareholders SEK 37 M (123)
◾Earnings per share** SEK 0.45 (1.50)
FULL YEAR 2016, GROUP
◾Total income SEK 2,027 M (1,866)
◾Net sales SEK 2,007 M (1,853)
◾Operating profit/loss* SEK 263 M (261)
◾Operating profit/loss SEK 258 M (254)
◾Profit/loss before tax SEK 497 M (306)
◾Profit for the period SEK 356 M (272), of which attributable to parent company shareholders SEK 271 M (243)
◾Earnings per share** SEK 3.32 (2.97)
◾Equity** SEK 1,563 M (1,319)
◾Equity per share** SEK 19.09 (16.14)
◾The Board of Directors is proposing a dividend of SEK 0.80 (0.60) per class A and B share for 2015
* Before acquisition-related items.
** Attributable to parent company shareholders.
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