Vivacon AG

euro adhoc: Vivacon AG
VIVACON AG grows Net Income by 99% to EUR 6.8 mn in 2004

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Ad-hoc Announcement to § 15 WpHG

VIVACON AG grows Net Income by 99% to EUR 6.8 mn in 2004

-Preliminary figures for the financial year 2004-

Cologne, February 14th 2005. VIVACON AG (ISIN DE0006048911) today
announces subject to final confirmation by it’s auditors and
supervisory board revenues of EUR 101.9 mn (+136%), an EBIT of EUR
14.5 mn (+69%) and a net income of EUR 6.8 mn (+99%) for the
financial year 2004, again achieving substantial year-on-year growth
and record earnings.
                                          2004p      2003    Increase
Revenues (EUR mn)                101.9      43.2    136%                                  
EBIT (EUR mn)                      14.5        8.6      69%                                    
Net income (EUR mn)            6.8         3.4      99%
Earnings per share (EUR)    0.55        0.31    78%
p = preliminary figures for the Vivacon group subject to final
auditor and supervisory board confirmation

"We are proud indeed VIVACON AG has been able to again continue it’s
growth path in the past year. As usually, the 4th quarter proved to
be of key relevance, as VIVACON AG entered a new business area by
successfully marketing a large-scale residential privatisation
portfolio to a institutional investor. We are looking at 2005 with
optimism and are confident we will again be able to achieve a
significant expansion of revenues and earnings," Marc Leffin, CEO of
VIVACON AG on the announcement of these preliminary numbers.        

The announcement of the final figures for 2004 is expected for
February 28th, 2005.

end of announcement                                euro adhoc 14.02.2005 07:01:00

Further inquiry note: Lars Schriewer Tel.: +49 (0) 221 93761 26 E-Mail:

Branche: Real Estate
ISIN:      DE0006048911
WKN:        604891
Index:    General Standard, CDAX
Börsen:  Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Frankfurter Wertpapierbörse / official dealing

Weitere Meldungen: Vivacon AG

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