euro adhoc: AvW INVEST AG
other
AvW Invest AG confirms increase of annual
result by 75%
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
10.10.2005
AvW Invest AG announces that the highly satisfactory third quarter in the financial services and investment business sectors enables the company to confirm the overall result for 2005. The annual earnings will be increased by 75% (2004: EUR 0.68) to EUR 1.20 per share. Within the next five years, AvW Invest AG aims at increasing the earnings per share to more than three euros per share. In addition, the company will continue to expand its equity investments on a worldwide basis. As far as real estate business is concerned, AvW will acquire a real estate property in the 4th quarter. The transaction is about to be finalised. Once the acquisition is completed, AvW will have a total of eight real estate properties in its possession.
About AvW Invest AG: AvW Invest AG is a company of the AvW Group (www.avw.at). AvWs ordinary shares are listed on the Vienna Stock Exchange on the ATX Prime Market (ISIN number: AT0000930409, Reuters: AVWI.VI). The Austrian company, which is domiciled in Krumpendorf at Lake Wörthersee, specialises in the fields of financial services, equity investments and real estate.
end of announcement euro adhoc 10.10.2005 07:55:15
Further inquiry note:
AvW Invest AG
Ernst Wilde
Tel.: 04229/3621-24
mailto:e.wilde@avw.at
Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 892661
Index: Prime.market
Börsen: Frankfurter Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Wiener Börse AG / official dealing