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AvW Invest AG

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AvW Invest reaffirms growth in profits for 2008

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
17.09.2008
-       EUR 15 million net profit, corresponding to an increase of around 15%
-       AvW expects highest profit in the company´s history
-       Financial services and equity investment segments produce highly
satisfactory results
Despite the major turbulences in the financial markets, AvW Invest AG stands by
its profit forecast for the year as a whole, with the earnings per share being
projected to reach at least EUR 5.00 (2007: EUR 4.32). The net profit is
anticipated to rise from EUR 13 million to EUR 15 million, which corresponds to
an increase of at least 15 per cent.
"Our financial services and investment activities continue to produce
highly satisfactory results, and the current turmoils in the 
international financial markets do not affect us. We have never held 
any investments in the United States and do not intend to change this
approach in the future. Furthermore, we are not exposed to any bank 
loans and are therefore able to achieve another record result in 
2008," says Wolfgang Auer von Welsbach, Chairman of the AvW 
Management Board.
As far as investments are concerned, particularly in the IT sector, 
AvW expects positive effects until year-end. "As a result of 
consolidation measures, there are always opportunities for new 
acquisitions. This might also affect companies in which AvW holds a 
significant stake," Mr. Auer von Welsbach continues.
The German IT company Realtech, for example, in which AvW holds a 
shareholding of more than 16 per cent, has performed exceptionally 
well during the current financial year, with the share price 
increasing from EUR 12 (31.12.2007) to currently EUR 13.50. This 
corresponds to an increase of 12.5 per cent. In addition, Realtech 
paid a dividend of EUR 0.50 in 2008, and a special dividend of EUR 
4.00 will be distributed as return of capital.
AvW Invest AG´s figures for the third quarter will be published on 12
November 2008.
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