euro adhoc: AvW INVEST AG
Earnings Forecast
AvW Invest raise profit
expectations
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
29.06.2005
Krumpendorf (June 29, 2005) AvW Invest, a company of the AvW Group, has clearly raised its own expectations for profit in the current financial year. A profit increase of at least 75 percent is being estimated now. Initially, an increase of at least 40 percent was expected, whereas the profit per share for the past financial year ran at 0.68 Euro. A more precise prognosis will be presented during announcement of the semi-annual figures.
The profit increase is founded in, among other things, the expectation-exceeding results of the financial services branch. A yield of over one million Euro, for example, has been achieved in the derivatives branch for the first half of this financial year.
Simultaneously the AvW Group has increased its share of D+S Europe AG (ISIN DE0005336804, Reutersticker DSJG.DE) to 5.145 percent. AvW plans to a part of the pending capital increase of D+S Europe.
About AvW Invest AG AvW Invest AG is a company of the AvW Group (www.avw.at). The AvW common shares (AVWI.VI) are listed at the Vienna Stock Exchange on the ATX Prime Market. The Austrian company specialises in financial services, equity holdings and real estate.
end of announcement euro adhoc 29.06.2005 07:24:00
Further inquiry note:
AvW INVEST AG
Mag. Alexandra Anthofer
http://www.avw.at
Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 093040
Börsen: Frankfurter Wertpapierbörse
Baden-Württembergische Wertpapierbörse
Wiener Börse AG