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C-QUADRAT Investment AG achieves Q1-3/2008 net profit of EUR 2.78 million

Geschrieben am 14-11-2008

•Performance fees show sharp decline, but management fee revenue
increases

•Asset Management volume rises to EUR 1.75 billion


•Further significant improvements in cost structure

•Excellent
performance of numerous funds provide good prospects of further
growth



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companies

Wien (euro adhoc) - Vienna/Frankfurt, 14.11.2008. C-QUADRAT
Investment AG (ISIN AT0000613005) has continued to perform well in
2008. Net profit reached EUR 2.78 million in the first three quarters
of the business year, i.e. from 1 January to 30 September . Although
signifying a significant year-on-year decrease relative to the record
performance achieved in 2007, it is still an excellent result in
light of the extremely difficult environment facing financial
markets. Profits were only slightly negative even in the third
quarter of the year, which witnessed sharp falls in share prices.

The decreases in total revenue and net profit for the year are
attributable first and foremost to the almost total absence of
performance fees. This contrasts with the key segment in which the
company operates, Asset Management, where an additional 8% growth to
EUR 15.2 million was achieved in volume-based management fees.

This encouraging increase results from a 5% improvement in the assets
under management, which has grown from EUR 1.66 billion at the
beginning of the year to EUR 1.75 billion at the end of the third
quarter. C-QUADRAT has thus succeeded in decoupling itself from the
downward trend affecting the investment industry as a whole, where
the volume of all listed investment funds in Austria dropped by 15%.
The total volume of fee generating assets handled by the company
amounted to EUR 4.3 billion as at 30. September 2008.

Improvements in cost structure made an additional and significant
contribution to the company´s robust performance in the first three
quarters. Despite the increased volume of business conducted, the
number of employees has been reduced over the past twelve months by
18%, from 118 to 97. Further cost-savings will materialise in the
months ahead.

"The performance of C-QUADRAT Investment AG is hampered, of course,
by the global financial crisis", comments Alexander Schütz, C-QUADRAT
founder and Management Board member."However, despite the crisis, we
succeeded in maintaining growth in the Asset Management segment, in
particular, while also achieving major improvements on the expenses
side. This means we have established the conditions for being
significantly more profitable once the crisis has ended, than we were
before the crisis".

The C-QUADRAT investment funds have also shown excellent performance
in 2008, especially the Total Return Funds in the ARTS category.
These have held their value superbly in the course of the financial
crisis and are all found among the topmost positions in international
fund rankings. "This is leading to enormous interest on the part of
institutional and private investors", explains Schütz. "For the rest
of the year, and above all in 2009, we expect a strong influx of
investment that will secure excellent growth perspectives for the
Group as a whole."

The C-QUADRAT Investment AG quarterly report can be downloaded at
www.c-quadrat.at.

Key Ratios C-QUADRAT Investment AG:

(in TEUR) 30.9.2008
30.9.2007 ___________________________________________________________
___________________


Gross Operating Income 30.968 37.211
Net Operating Income 14.315 17.081
Operating Profit (EBIT) 760 3.326
Operating Profit before Ordinary Depreciation(EBITDA) 2.855 5.262
Net Profit after Minorities 2.545 3.995
Earnings per Share (in EUR) 0,58 0,92
Weighted Average Number of Ordinary Shares 4.363.200 4.363.200

Fee Generating Assets in TEUR *) 4.319.945 5.125.172
Number of employees 97 118



(in TEUR) 3.Q.2008 3.Q.2007
______________________________________________________________________________
Gross Operating Income 9.731 11.058
Net Operating Income 4.188 5.206
Operating Profit (EBIT) -337 277
Operating Profit before Ordinary Depreciation(EBITDA) 365 970
Net Profit after Minorities -235 317
Earnings per Share (in EUR) -0,05 0,07
Weighted Average Number of Ordinary Shares 4.363.200 4.363.200


*) In 2008 the Epicon Financial Services GmbH as well as the atypical
silent partnership at Privatinvest Bank AG, Vienna branch, were sold,
whereby fee generating assets at the amount of EUR 260 million were
disposed.

C-QUADRAT- the fund company - is an independent asset manager
operating across Europe. Founded in 1991, the company has had is own
asset management company with a bank licence since 2003 and has been
listed in the Prime Standard of the Frankfurt Stock Exchange since
November 2006 and in the Prime Standard of the Vienna Stock Exchange
since May 2008. The C-QUADRAT team has made a name for itself across
Europe with its asset management, analysis and investment fund
management activities and by devising structured products. Innovative
investment strategies for institutional investors round off the
product offering. Many banks, insurance companies and financial
service providers operating internationally rely on the expertise of
C-QUADRAT.


end of announcement euro adhoc
--------------------------------------------------------------------------------


ots Originaltext: C-QUADRAT Investment AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Andreas Wimmer

Member of the Board

C-QUADRAT Investment AG

Stubenring 2

A-1010 Wien

Tel.: +43 1 515 66 316

Fax: +43 1 515 66 359

Mail: a.wimmer@investmentfonds.at

Branche: Financial & Business Services
ISIN: AT0000613005
WKN:
Index: Prime.market
Börsen: Börse Frankfurt / official market
Wiener Börse AG / official market


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