EUWAX AG — Earnings Release 2002

Apr 17, 2002

News Details

Ad-hoc | 17 April 2002 20:50

Euwax Broker AG english

EUWAX Broker AG with strong result in the first quarter 2002 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– In the first quarter 2002, EUWAX Broker AG has generated a profit before taxes of EUR 2,977k. This is an increase of 11% compared to the corresponding quarterly profit before taxes of the previous year (EUR 2,683k). The profit after taxes increased in the first quarter 2002 by 16% to EUR 1,883k compared to the first quarter 2001 (EUR 1,620k). All business segments (warrants, certificates and stocks) realised an increase in earnings compared to the first quarter 2001. The total trading income increased by 30.2% to EUR 5,590k (previous year: EUR 4,294k). Figures for the first quarter 2002/2001: 2002 2001 change total income EUR 5,845k 4,829k +21% expenditures EUR 2,868k 2,147k +34% gross income EUR 2,977k 2,683k +11% net profit EUR 1,883k 1,620k +16% earnings per share (DVFA/SG) EUR 0.50 0.43 +17% ret on equity before tax % 37.0 39.8 -7% Contact: EUWAX Broker AG, Thomas Buss, Member of the Board of Management, Tel.: 0711/222989-73, Email: investor.relations@euwax-broker.de, homepage: www.euwax-broker.de end of ad-hoc-announcement (c)DGAP 17.04.2002 ——————————————————————————– WKN: 566010; ISIN: DE0005660104; Index: Listed: Amtlicher Handel in Stuttgart und München; Freiverkehr in Frankfurt, Berlin, Düsseldorf, Hamburg 172050 Apr 02