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Catella (CAT) investor relations material
Catella Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
AUM reached SEK 160 Bn, driven by new mandates and strategic acquisitions, with continued pan-European growth focus.
CEO transition in August 2025, with Rikke Lykke appointed as Group CEO and Daniel Gorosch as Head of Corporate Finance Europe.
Strategy centers on simplifying operations, reducing risks, and maximizing shareholder value.
Maintained strong liquidity and a solid equity ratio, supporting future growth.
Financial highlights
Q3 2025 net sales were SEK 378 M, nearly flat year-over-year, with operating profit at SEK 7 M, down from SEK 19 M, mainly due to lower transactional revenues.
Net profit attributable to shareholders was SEK -28 M (Q3 2024: SEK -23 M); EPS: SEK -0.32 (Q3 2024: SEK -0.26).
Cash and cash equivalents at period end were SEK 1,590 M, exceeding current debt.
Equity/assets ratio stood at 48% as of 30 September 2025.
9M 2025 net sales: SEK 1,425 M (9M 2024: SEK 1,227 M); operating profit: SEK 279 M (9M 2024: SEK 59 M).
Outlook and guidance
Management expects improved transactional activity in Q4 and 2026, with the Nordics likely to outperform continental Europe.
Focus remains on growing AUM, optimizing the investment portfolio, and increasing recurring revenues.
Cautious optimism persists due to macroeconomic and geopolitical uncertainties.
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