08.01.2015 16:09:36
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EANS-Adhoc: C-QUADRAT Investment AG / ADDITIONAL REVENUE IN DECEMBER 2014
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other 08.01.2015
Due to the positive performance of several investment funds managed by asset management companies of the C-QUADRAT Group, which reached new price highs, as in previous months in the 2014 financial year, in December 2014 the C-QUADRAT Group once again realized additional revenue from performance-related remuneration.
Overall, after amounts contractually owed to third parties and on the basis of the value of C-QUADRAT Investment AG's equity interests in these asset management companies, additional revenue provided by performance-related remuneration in December 2014 is expected to amount to approx. EUR 13 million. This revenue will be included in the consolidated earnings of C-QUADRAT Investment AG in 2014 and will thus have a significant positive impact on this figure.
C-QUADRAT Investment AG's final net income is not yet known. This will be announced on March 27, 2015, in line with the financial calendar.
end of announcement euro adhoc =-------------------------------------------------------------------------------
(END) Dow Jones Newswires
January 08, 2015 09:38 ET (14:38 GMT)- - 09 38 AM EST 01-08-15
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