Catella Q4 2023: Weaker than expected - Redeye

Redeye provides its initial comments on Catella's Q4 2023 report, which came in below our forecasts. Corporate Finance posted solid numbers, whereas Investment Management was more soft. For Principal Investments, the quarter was relatively muted, with some income generated from ongoing profit recognition. Redeye expects to slightly lower its estimates and valuation following the report.

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