AvW Invest AG

euro adhoc: AvW Invest AG
Earnings Forecast
AvW raises profit forecast through 2010

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The Austrian finance group AvW Invest AG has raised its profit forecast through 2010. For the current financial year, profits are expected to increase by more than 60 per cent. The earnings per share are estimated to jump to around EUR 4.20 (2006: EUR 2.61) in 2007, the net profit to more than EUR 12 million (2006: EUR 7.87 million).

The profit forecasts for the coming years will be significantly increased: In 2008, the earnings per share are anticipated to climb to around EUR 5.00, and in 2010 to around EUR 7.00. "This once again confirms our commitment to continuing on our path of strong profit growth", says Wolfgang Auer von Welsbach, Chairman of the AvW Management Board.

This continuing rise in profits is due to the above-average growth in earnings from the company´s financial services and investment segments. "The areas of derivatives and investment management are booming. We will also dispose of one or the other of our investments within the next three years, in order to realise the book profits we have accumulated", continues Mr. Auer von Welsbach.

The half-year figures for AvW Invest AG will be published on 13 August 2007.

About AvW INVEST AG The Austrian company, which is domiciled in Krumpendorf at Lake Wörthersee, specialises in the fields of financial services, equity investments and real estate. AvW´s shares are listed on the Vienna Stock Exchange on the ATX Prime Market (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS). More information about AvW is available on the Internet at www.avw.eu.

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

Further inquiry note:
Mag. Brigitte Burger
Investor Relations
Tel.: 04229/3621-24

Branche: Financial & Business Services
ISIN:      AT0000930409
WKN:        892661
Index:    Prime.market
Börsen:  Börse Frankfurt / free trade
              Börse Stuttgart / free trade
              Wiener Börse AG / official dealing

Weitere Meldungen: AvW Invest AG

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