India, May 13 -- Patrizia SE (PAT.F), a German investment manager, reported that its net profit for the first quarter of 2025 climbed to 5.1 million euros from 2.1 million euros in the prior year.
EBITDA for the quarter increased to 16.8 million euros from last year's 15.1 million euros, driven by tight cost control leading to increased efficiency and higher earnings quality.
Total service fee income for the quarter declined to 68.2 million euros from the prior year's 72.5 million euros, mainly due to lower performance fees.
Assets under management saw a slight year-to-date decrease of 0.5 percent to 56.1 billion euros, compared to 56.4 billion euros at the end of 2024 and 56.7 billion euros at the end of March 2024.
googletag.cmd.push(...