AvW Management-Beteiligungs AG
euro adhoc: AvW Gruppe AG
Annual Reports
AvW Group posts record result
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
21.06.2007
In 2006, the Austrian investment group AvW Gruppe AG recorded the best result in its entire history. Consolidated sales increased by 43.1 per cent from EUR 35.777 million in 2005 to EUR 51.202 million in 2006. Profit before taxes (POA) climbed from EUR 10.189 million in 2005 to EUR 14.937 million in 2006, thus showing a 46.6 per cent increase. Consolidated profits rose by 35.9 per cent over the previous year, from EUR 6.323 million in 2005 to EUR 8.596 million in 2006.
Key financial figures in EUR mill. 2006 2005 Increase in % Consolidated sales 51.202 35.777 + 43.1% Profit before taxes (POA) 14.937 10.189 + 46.6% Profit after taxes 10.585 7.461 + 41.9% Consolidated profits 8.596 6.323 + 35.9% Balance sheet total 266.332 184.748 + 44.2% Equity capital 251.408 175.390 + 43.4% Equity ratio 94% 95% Credit rating 5A1 5A1 Employees 240 206 + 16.5%
AvW Gruppe AG is one of the largest private investment companies in Austria focusing on small caps listed on stock exchanges. "As our largest listed investments show rapidly accelerating growth rates, we are expecting a balance sheet total of more than EUR 350 million for 2007. In 2008, we might even reach the EUR 500 million mark", says Wolfgang Auer von Welsbach, Chairman of the Management Board of the AvW Group. "As AvW invests in a large number of listed Austrian companies, we feel an obligation to establish a position as a core shareholder in many small cap companies as well", Mr. Auer von Welsbach continues.
The key listed investments of the AvW Group are:
Financial services providers:
approx. 74 per cent of AvW Invest AG (AvWI.VI) with registered offices in Krumpendorf approx. 8 per cent of C-Quadrat (C8I.DE) with registered offices in Vienna approx. 5 per cent of the Cash Financial Services Group (8122.HK) with registered offices in Hong Kong
IT systems providers:
approx. 24 per cent of S&T (SNTS.VI) with registered offices in Vienna approx. 18 per cent in Cancom AG (COKG.DE) with registered offices in Augsburg approx. 13 per cent in Realtech AG (RTCG.DE) with registered offices in Walldorf approx. 10 per cent of nextevolution (N5EG.DE) with registered offices in Hamburg
Industrial enterprises:
approx. 15 per cent of Binder & CO AG (BIND.VI) with registered offices in Gleisdorf approx. 10 per cent of Hirsch Servo (HISE.VI) with registered offices in Glanegg approx. 3 per cent of RHI AG (RHIV.VI) with registered offices in Vienna
High-tech companies and service providers:
approx. 6 per cent of D + S europe AG (DSJG.DE) with registered offices in Hamburg approx. 5 per cent of Euromicron AG (EUCG.DE) with registered offices in Frankfurt
Raw materials companies:
approx. 2 per cent of Equigold (EQUI.AX) with registered offices in Australia approx. 2 per cent of CBH Resources (CBH.AX) with registered offices in Australia
One of the Group´s key goals is to further enhance its growth rates in the future and to continue its strategy of expansion towards Asia and Australia.
The full annual report is available on our website at www.avw.eu.
About AvW Gruppe AG:
AvW Gruppe AG is an Austrian investment company focusing on small caps in Austria, Germany, Asia and Australia. AvW participating certificates (AVWIga.F, ISIN AT0000703269) of the AvW Group are listed on the Frankfurt Stock Exchange. More information about AvW is available on the Internet at www.avw.eu.
end of announcement euro adhoc 21.06.2007 08:35:47
Further inquiry note:
AvW Gruppe AG
Mag. Brigitte Burger
Investor Relations
Tel.: 04229/3621-24
mailto:b.burger@avw.eu
Branche: Economy, Business & Finance
ISIN: AT0000703269
WKN: 763759
Börsen: Börse Frankfurt / free trade