EUWAX AG — Earnings Release 2001

Mar 6, 2002

News Details

Ad-hoc | 6 March 2002 16:35

Euwax Broker AG english

EUWAX Broker AG announce very good year result of the year 2001 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– For the previous year until the 31st of December 2001 EUWAX Broker AG generated net earnings of EUR 7.251k (year 2000: EUR 7.750k). This result indicates a slight decrease of 6% compared to the year 2000. The lower gross income compared to the year 2000 (-27%) was compensated by the positive influence of tax effects. The dividend proposal of the management and the supervisory board will be EUR 0,90. The shareholders meeting will be on June 5th 2002 . The takeover of the SWG Wertpapierhandels AG, which is conditioned by the downturn of the restriction of § 34a German Stock Exchange Act (as provided in the draft of the 4th Financial Market Development Act) after the approval of the annual accounts will be priced at EUR 5.710k. The shareholders of the SWG Wertpapierhandels AG will transfer their stocks (2.500.000 registered shares with restricted transferability) into the EUWAX Broker AG. They will be paid with 301.500 new EUWAX Broker AG stocks and an additional cash payment of EUR 2.996,5k. The capital of the EUWAX Broker AG will increase from EUR 3.750,5k to EUR 4.052k. Indices overview of the year 2001 compared to the year 2000: 2000 2001 Change earnings TEUR 25.473 21.900 -14% expenditures TEUR 10.352 10.865 +5% gross income TEUR 15.121 11.035 -27% net earnings TEUR 7.750 7.251 -6% earnings/share EUR 2,14 1,93 -10% DVFA/SG return o equity % 59,7 38,3 -36% before tax dividend/share EUR 1,00 proposal 0,90 -10% dividend yield % 10,20 9,47 -7% bef tax, base: cp 12/31/01 Contact: EUWAX Broker AG, Thomas Buss, Member of the Board of Management, Phone: 0711/22298973, Email: investor.relations@euwax-broker.de end of ad-hoc-announcement (c)DGAP 06.03.2002 ——————————————————————————– WKN: 566010; ISIN: DE0005660104; Index: Listed: Amtlicher Handel in Stuttgart; Freiverkehr in Frankfurt, Berlin, Bremen, Düsseldorf, Hamburg und München 061635 Mär 02