Catella (Q4 Initial take): Clean core beat clouded by SEK151m KöTower impairment - Redeye
Bildkälla: Stockfoto

Catella (Q4 Initial take): Clean core beat clouded by SEK151m KöTower impairment - Redeye

Redeye views Catella's Q4 2025 results as broadly reassuring. Investment Management delivered a revenue beat despite AUM coming in below estimate, whilst Corporate Finance demonstrated underlying momentum once the SEK51m non-recurring divestment gain is stripped out. The KöTower impairment within Principal Investments clouds the headline, but the segment is being wound into Investment Management from 2026, reducing its future relevance as a reporting line.

Redeye views Catella's Q4 2025 results as broadly reassuring. Investment Management delivered a revenue beat despite AUM coming in below estimate, whilst Corporate Finance demonstrated underlying momentum once the SEK51m non-recurring divestment gain is stripped out. The KöTower impairment within Principal Investments clouds the headline, but the segment is being wound into Investment Management from 2026, reducing its future relevance as a reporting line.
Börsvärldens nyhetsbrev