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AvW Invest AG

euro adhoc: AvW Invest AG
Financial Figures/Balance Sheet
AvW INVEST increases profits

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
6-month report
19.08.2008
Operating result rises to 10.727 million EUR, + 10.1 per cent
Net profit rises to 7.560 million EUR, + 4.5 per cent
Profit forecast for 2008 reaffirmed
Equity participations further expanded
In the first half of the current business year AvW INVEST AG, which 
is listed on the Prime Market of the Vienna stock exchange, has 
further increased its results. The operating earnings rose from 
11.449 million EUR to 12.405 million EUR (+ 8.4 per cent), the profit
before taxes (POA) rose from 9.731 million EUR to 10.126 million EUR 
(+ 4.1 per cent), and the net profit (surplus for the period) rose 
from 7.232 million EUR to 7.560 million EUR (+ 4.5 per cent). The 
profit per share increased in the first six months from 2.40 EUR to 
2.51 EUR (+ 4.6 per cent).
The basis for these increases are the company´s excellent earnings in
the equity participations, financial services and real estate 
sectors. In just one transaction, the sale of the stake in D+S 
Europe, a net profit of over five million Euro was achieved. Overall 
the operating earnings in equity participations are up 34 per cent.
AvW INVEST  has also profited from the volatile situation on the 
markets in its core business of financial services, particularly 
asset management and derivatives, where operating earnings rose by 
4.5 per cent overall. In its smallest sector, real estate, an 
increase of 56 per cent was achieved.
"We have fulfilled expectations and further increased our profits, 
even in a highly volatile market situation. We are optimistic about 
the year as a whole and are expecting a very good result," said the 
Chairman of the Board of Management of AvW, Wolfgang Auer von 
Welsbach.
The profit forecast for the current business year is thus reaffirmed,
with the profit per share being expected to rise from 4.32 to around 
5 EUR. This would be the highest net profit ever for AvW INVEST AG.
In the field of equity participations, there has in particular been 
significant expansion in the first half year in the stakes held by 
the company in German IT companies. Thus AvW Invest AG now holds over
16 per cent in Realtech (start of year: 10 per cent) and around 22 
per cent in Nextevolution (start of year: 16 per cent). "Our aim is 
to further expand our equity participations portfolio," says Auer von
Welsbach.
in millions of EUR      1st half 2008  1st half 2007 Increase
Operating earnings       12.405        11.449       + 8.4 %
Operating result         10.727         9.742       + 10.1 %
Profit before taxes (POA)10.126         9.731       + 4.1 %
Surplus for the period    7.560         7.232       + 4.5 %
Balance sheet profit     28.676        19.100       + 50.1 %
Profit/share in EUR       2.51          2.40        + 4.6 %
Employees                 318            272        + 16.9 %
The balance sheet has been drawn up in accordance with IFRS, classified
according to the Austrian Banking Law
The interim financial report for the first half of 2008 is available 
on the website www.avw.eu or at IssuerInformationCenter of OEKB.
About AvW INVEST AG  AvW INVEST AG, which is domiciled in Krumpendorf
at Lake Wörthersee, is active in three core business areas: financial
services, equity participations 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).
end of announcement                               euro adhoc

Further inquiry note:

AvW INVEST AG
Mag. Brigitte Burger
Tel.: 04229/3621-24
mailto:b.burger@avw.eu

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

Plus de actualités: AvW Invest AG
Plus de actualités: AvW Invest AG