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Vienna / Frankfurt (euro adhoc) – – Satisfactory result despite
continuing uncertain market environment – EUR 0.7 million net profit
for the period – Clear reduction in commission and personnel expenses
In the interim period 1-3/2012 C-QUADRAT Investment AG (ISIN
AT0000613005) realized a consolidated net profit of EUR 0.7 million
despite the continuing uncertain environment on the capital markets.
Operating income in the first quarter of 2012 amounted to EUR 10.9
million. In terms of costs, fee and commission as well as personnel
expenses were significantly reduced in relation to the same period in
the previous year.
C-QUADRAT founder and management board member Alexander Schütz
comments: “The stock market environment remains uncertain and
volatile. C-QUADRAT has responded to this situation by launching a
strict program of cost savings. We will intensify these efforts over
the course of the year and I am convinced that C-QUADRAT will once
again realize a positive result in the current year.”
With immediate effect, the interim report 1-3/2012 of C-QUADRAT
Investment AG is available for downloading at www.c-quadrat.at in the
Investor Relations area.
Further inquiry note:
Mag. Andreas Wimmer
Tel.: +43 1 515 66 316
end of announcement euro adhoc
company: C-QUADRAT Investment AG
phone: +43 1 515 66-0
FAX: +43 1 515 66-159
sector: Financial & Business Services
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien