Catella AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 19, 2022 at 01:00 am EDT
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Catella AB (publ) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SEK 641 million compared to SEK 461 million a year ago. Revenue was SEK 861 million compared to SEK 483 million a year ago. Net income was SEK 247 million compared to net loss of SEK 46 million a year ago. Basic earnings per share from continuing operations was SEK 2.8 compared to basic loss per share from continuing operations of SEK 0.52 a year ago. Diluted earnings per share from continuing operations was SEK 2.73 compared to diluted loss per share from continuing operations of SEK 0.52 a year ago.
For the six months, sales was SEK 974 million compared to SEK 770 million a year ago. Revenue was SEK 1,442 million compared to SEK 798 million a year ago. Net income was SEK 326 million compared to SEK 45 million a year ago. Basic earnings per share from continuing operations was SEK 3.69. Diluted earnings per share from continuing operations was SEK 3.59.
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 
