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Baader Bank AG — Earnings Release 2007
Apr 16, 2007
4539_rns_2007-04-16_7257300b-5269-447c-8fad-de2663bd0f5d.html
Earnings Release
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Ad-hoc | 16 April 2007 16:54
Baader Wertpapierhandelsbank AG: Preliminary consolidated earnings for Q1 2007 (IFRS)
Baader Wertpapierhandelsbank AG / Quarter Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Baader Wertpapierhandelsbank AG:
Preliminary consolidated earnings for Q1 2007 (IFRS)
Unterschleissheim, 16th April 2007
Baader Wertpapierhandelsbank AG earned a net profit of EUR8.7 million in Q1
2007 compared to EUR13.3 million in Q1 2006. The income from ordinary
activities amounts to EUR11.8 million (previous year: EUR18.2 million). The
increase in net fee and commission income up to 37 percent to EUR13.7
million is remarkable.
The figures of Q1 2006 contained earnings from sales of available-for-sale
holdings of EUR4.9 million. Without this special item the result is
approximately at the same high level as last year.
Shareholders’ equity as of March 31, 2007 was EUR161.7 million (December
31, 2006: EUR152.6 million). Earnings per share were EUR0.19 on the
reporting date (previous year: EUR0.30). The Group employed a total of 277
people (previous year: 234 employees).
Figures in EUR million Q1 2007 Q1 2006
Net fee and commission income 13.7 10.0
Net trading income 17.1 20.1
Net income from available-for-sale financial
instruments 0.0 4.9
Administrative expenses -20.4 -17.3
Profit from operations 11.6 18.0
Income from ordinary activities 11.8 18.2
Net profit 8.7 13.3
The Executive Board
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Published by:
Baader Wertpapierhandelsbank AG
Contact: Nico Baader
Weihenstephaner Str. 4
85716 Unterschleissheim
Germany
Phone +49 (0)89/ 5150-1030
Fax +49 (0)89/ 5150-2424
www.Baaderbank.de
DGAP 16.04.2007
Language: English
Issuer: Baader Wertpapierhandelsbank AG
Weihenstephaner Str. 4
85716 Unterschleissheim Deutschland
Phone: +49 (0)89/ 5150-0
Fax: +49 (0)89/ 5150-1111
E-mail: [email protected]
www: www.Baaderbank.de
ISIN: DE0005088108
WKN: 508810
Indices:
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf
End of News DGAP News-Service