NSI Asset AG (formerly: Value Management & Research AG)

Earnings Release • Mar 28, 2001

News Details

Ad-hoc | 28 March 2001 10:50

Ad hoc-Service: Value Managem. & Research

Ad-hoc-Mitteilung verarbeitet und übermittelt durch die DGAP Für den Inhalt der Mitteilung ist der Emittent verantwortlich. ——————————————————————————– Value Management & Research group reports 2000 profit after tax of Euro 6.22 mio. Schwalbach, 28.03.2001 Value Management & Research, the Schwalbach/Taunus based financial service company with core activities in asset management, corporate finance and private equity, reported profits after tax for the year 2000 of Euro 6.22 mio. In 2000, VMR group increased its gross fee revenues to Euro 24.97 mio. (previous year: Euro 20.64 mio.) and reported net realised capital gains (after write downs) of Euro 12.77 mio. (previous year: Euro 16.46 mio.). Over the year, shareholder’s funds increased from Euro 48.94 mio.to Euro 74.74 mio. Profits before tax amounted to Euro 7.55 mio. (previous year: Euro 17,74 mio.); earnings per share reached Euro 0.90 (year 1999: Euro 1.57 ). For the current year, the VMR group foresees a solid growth with profits before tax of Euro 9.50 mio. (up 25.8% compared with 2000) accompanied by significantly higher pretax margins. Due to higher taxes the planned net result will lead to earnings per share of around Euro 0.70 for 2001. For further information please contact: Peter Riedel (CFO) +49 6196-88 00-234 WKN 760555 *Börsenkürzcl VMR *BloombergVMR GR* Reuters VMRG.F* Geregelter Markt/FWB, outstanding shares 7.843.330, www.vmr.de Ende der Ad-hoc-Mitteilung, (c) DGAP 28.03.2001 ——————————————————————————– WKN: 760555; Index: Notiert: Geregelter Markt in Frankfurt; Freiverkehr in Berlin, Düsseldorf, Hamburg, München und Stuttgart 281050 Mär 01