EUWAX AG — Earnings Release 2001

Oct 17, 2001

News Details

Ad-hoc | 17 October 2001 08:43

Euwax Broker AG english

EUWAX Broker AG with rising profit in the third quarter 2001 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– EUWAX Broker AG with rising profit in the third quarter 2001 EUWAX Broker AG realised a profit after taxes in the 3rd quarter 2001 of TEUR 1.653. The result was TEUR 71 or 4% higher than the result of the 3rd quarter 2000. Thus, for the first time this year the corresponding quarterly result of the previous year could be exceeded. The cumulated result from 01.01.2001 to 30.09.2001 amounted to TEUR 4.974. It was therefore 29% or TEUR 1.997 lower than in the year 2000. On 30.06.2001 the cumulated result was 38% lower. The earnings per share according to DVFA/SG for the 3rd quarter were EUR 0,44 (2000: EUR 0,42) und for the first nine months EUR 1,33 (EUR 1,86). Due to the persistent increase of the qualification of their securities traders and their EDP, the company has confirmed the tendency to a continuing improvement of the financial result. The positive development of the business could therefore be continued in the 3rd quarter, thus withstanding the very difficult market environment. The higher expenses compared to the previous year resulted from higher personnel, higher fixed administrative expenses and increased depreciation on investments. Figures (3. Qu. 01 / 3. Qu. 00 / 1.1.-30.9.01 / 1.1.-30.9.00) Earnings per share (DVFA/SG) EUR 0,44 0,42 1,33 1,86 Total ordinary income TEUR 5.339 4.895 15.766 20.501 Total expenditure TEUR 2.603 1.730 7.532 6.557 Gross income TEUR 2.736 3.165 8.234 13.944 Net profit TEUR 1.653 1.582 4.974 6.972 Trading income TEUR 4.792 4.705 14.412 19.798 Return on equity before taxes 39% 71% 39% 71% Konrad Litschel, Controlling & Investor Relations, Tel.: 0711 222 989 31; Fax: 0711 222 06 87, eMail: investor.relations@euwax-broker.de Further information in our todays press release. Stuttgart, 17.10.2001 end of ad-hoc-announcement (c)DGAP 17.10.2001 ——————————————————————————– WKN: 566010; Index: Listed: Amtlicher Handel in Stuttgart; Freiverkehr in Frankfurt, Berlin, Bremen, Düsseldorf, Hamburg, München 170843 Okt 01