Vivacon AG

euro adhoc: Vivacon AG
Financial Figures/Balance Sheet
VIVACON AG boosts EBIT to EUR 6.2m and net income to EUR 3.3m in Q1 2007

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3-month report

14.05.2007

Cologne, 14th May 2007. VIVACON AG (ISIN DE0006048911) grew its transaction volume by 450% to EUR 65.8m in Q1 2007 in comparison to EUR 12.0m in the same period of the previous year. In Q1 2007, revenues amounted to EUR 24.5m, which is an increase of 162% in comparison to EUR 9.4m in Q1 2006. EBIT increased to EUR 6.2m in Q1 2007 against EUR -1.5m in the same period of previous year. Net income reached EUR 3.3m in the first three month of the current year in comparison to EUR -2.7m in Q1 2006.

Earnings per share amounted to EUR 0.17 in Q1 2007 in comparison to EUR -0.14 in Q1 2006.

End of March 2007, the order backlog reached EUR 112.8m, which is an increase of 53% to the amount at the end of March 2006 (EUR 73.6m).

The total residential units currently owned by VIVACON AG already amount to some 11,000 units, which correspond to almost 90% of the total units sold in 2006. The management reiterates its announced full-year forecast of a net income in the amount of EUR 54-58m and an EPS of EUR 2.80-3.00.

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ots Originaltext: Vivacon AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Sven Annutsch
Head Corporate Finance / Investor Relations Institutional Investors
Tel: + 49 221 / 1305621 630
Sven.Annutsch@vivacon.de

Lars Schriewer
Director Communication / Private Investors
Tel: + 49 221 / 1305621 631
Lars.Schriewer@vivacon.de


Vivacon AG
Bayenthalgürtel 4
50968 Köln
Fax: + 49 221 / 1305621 950
http://www.vivacon.de

Branche: Real Estate
ISIN:      DE0006048911
WKN:        604891
Index:    CDAX, SDAX, Prime All Share, Classic All Share
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / official dealing



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