Catella AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 28, 2022 at 01:00 am EDT
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Catella AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 405 million compared to SEK 361 million a year ago. Revenue was SEK 494 million compared to SEK 376 million a year ago. Net income was SEK 68 million compared to SEK 35 million a year ago. Basic earnings per share from continuing operations was SEK 0.77 compared to SEK 0.39 a year ago. Diluted earnings per share from continuing operations was SEK 0.75 compared to SEK 0.39 a year ago.
For the nine months, sales was SEK 1,379 million compared to SEK 1,131 million a year ago. Revenue was SEK 1,936 million compared to SEK 1,173 million a year ago. Net income was SEK 394 million compared to SEK 79 million a year ago. Basic earnings per share from continuing operations was SEK 4.46 compared to SEK 0.9 a year ago. Diluted earnings per share from continuing operations was SEK 4.35 compared to SEK 0.88 a year ago.
Catella AB is a Sweden-based company active in the financial sector. Its business is divided into two segments: Corporate Finance and Asset Management. The Corporate Finance operations offer financial advisory services in the areas of sales and acquisitions, debt and equity, and valuation and research. The Asset Management offers institutions, companies and individuals financial products and advisory services in the areas of fund management and wealth management. The Company operates through more than 30 offices in Sweden, Denmark, Estonia, Finland, France, Luxembourg, Germany, Italy, Latvia, Lithuania, Norway, Spain and the United Kingdom. It has a subsidiary active in the real estate sector, Link Prop Investment AB, and holds majority stakes in EKF Enskild Kapitalforvaltning AB and IPM Informed Portfolio Management (IPM).
CATELLA AB 
