C-Quadrat Investment AG Reports Q1-3/2010 Results

Professional ServicesFinancial Services ♦ Published: November 15, 2010; 09:54 ♦ (Vindobona)

The fund management company records increasing income as well as rising profits.

C-Quadrat Investment AG Reports Q1-3/2010 Results / Picture: © C-Quadrat

C-Quadrat Investment AG finished the first nine months of 2010 with € 40.8m in total operating income (Q1-3/2009: € 24.4m), € 5.7m in operating profits (Q1-3/2009: € 1.8m) and € 9.3m in net profit (Q1-3/2009: € 3.0m).

Operating income in the first nine months of 2010 amounted to € 40.8m (Q1-3/2010: € 24.4m; up 67%). Management fees rose a substantial 57% from €…