C-QUADRAT Investment AG
C-QUADRAT Investment AG: 2007 Preliminary Half-yearly Report
C-QUADRAT Investment AG / Preliminary Results Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Ad-hoc announcement: 2007 Preliminary Half-yearly Report of C-QUADRAT Investment AG • Gross income increased by more than 24 % to EUR 26.2 million • EBT increased by more than 24 % to EUR 4.8 million • Net income for the period increased by more than 35 % to EUR 3.9 million Vienna / Frankfurt, 6 August 2007. In the second quarter of 2007, C-QUADRAT Investment AG (ISIN AT0000613005), an independent European Asset Manager, was once again able to surpass the results achieved in the corresponding two first quarters of the previous year. Consolidated gross income for the first half-year of 2007 totaled EUR 26.2 million. This represents an increase of EUR 5.1 million or 24.4 % over the first half-year of 2006. In the corresponding period of the previous year, EBIT decreased by 2.8 %. This is due to the non-recurring costs borne for the successful development of the German retail market together with the preliminary expenses related to the German institutional sales team. In the first half-year of 2007, the German sales team succeeded in acquiring approximately EUR 700 million in Assets. In total, the distribution network in Germany was expanded by approximately 7,000 consultants, which can be considered a significant step in the right direction for the future of the company. Earnings before tax (EBT) increased by 24.5 % to EUR 4.8 million. Net income for the first half-year of 2007 reached EUR 3.9 million, i.e. an increase of 35.9 % as compared to the corresponding period of 2006. The final results for the first half-year of 2007 will be released as Corporate News in a Quarterly Report on 31 August 2007 and will be displayed on C-QUADRAT Investment AG’s website www.c-quadrat.at under Investor Relations. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About C-QUADRAT: C-QUADRAT, the fund company, is an independent asset manager operating throughout Europe. The company was established in 1991 and has had its own investment company since 2003. Within a few years, the company founded by Alexander Schütz and Thomas Rieß has become a team consisting of around 100 employees. The team has already made a name for itself throughout Europe with its asset management, analysis and investment fund management activities and by devising structured products. Many banks, insurance companies and financial companies operating internationally now rely on the expertise of C-QUADRAT. Further information: Roland Starha Head of Finance and Accounting Investor Relations Tel. +43-1-515 66 - 550 Fax +43-1-515 66 - 359 mailto:ir@c-quadrat.com http://www.c-quadrat.at/ DGAP 06.08.2007 ---------------------------------------------------------------------- Language: English Issuer: C-QUADRAT Investment AG Stubenring 2 A-1010 Wien Österreich Phone: (0043-1) 515 66-0 Fax: (0043-1) 515 66-159 E-mail: C-QUADRAT@investmentfonds.at Internet: www.C-QUADRAT.at ISIN: AT0000613005 WKN: A0HG3U Indices: Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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