Ad-hoc | 18 January 2005 13:02

EUWAX AG increases net profit for full year 2004 by 30.9 %

Ad hoc announcement §15 WpHG Full year figures 2004 EUWAX AG increases net profit for full year 2004 by 30.9 % Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— EUWAX AG increases net profit for full year 2004 by 30.9 % EUWAX AG improved its net profit again in the last business year. This successful development found its base in the strong development in the first quarter. The company has held its ground even in the face of the ambitious market conditions of the further year. Income from ordinary activities climbed by 21.6 % to EUR 26.4 million. Net profit was increased by 30.9 % to EUR 15.3 million. Earnings per share came in at EUR 3.06. Due to writedowns on own shares in the fourth quarter EPS was slightly below the companies forecast which was at EUR 3.08 . The number of trades (+ 10.9 %) and turnover (+41.7 %) was increased once more and enabled the dynamic earnings development. Expenditures were reduced in the reporting period. Strongly decreased writedowns compensated the increase in administrative costs which were partly projectrelated. key figures: Q4 Q4 Change full year full year Change 2003 2004 2003 2004 Earnings (000s) EUR 12,784 9,722 -24.0% 46,143 50,329 9.1% Expenditures EUR 7,942 5,307 -33.2% 24,412 23,909 -2.1% (000s) Income from Ordinary EUR 4,842 4,415 -8.8% 21,731 26,419 21.6% Activities (000s) Net Income (000s) EUR 2,598 2,624 1.0% 11,870 15,536 30.9% Cash Flow (000s) EUR 3,822 2,629 -31.2% 14,449 15,879 9.9% Earnings per EUR 0.51 0.52 2.1% 2.34 3.06 30.4% Share (DVFA/SG) Equity (000s) EUR 53,072 62,734 18.2% 53,072 62,734 18.2% Return on Equity % 22.4 24.8 10.7% 22.4 24.8 10.7% after Tax All figures are preliminary Stuttgart, 18.01.2005 Thomas Krotz (CFO) Tel.: ++49 711 222989-360 eMail: investor.relations@euwax-ag.de EUWAX AG Schloßstraße 20 70174 Stuttgart Deutschland ISIN: DE0005660104 WKN: 566010 Listed: Amtlicher Markt in München und Stuttgart; Freiverkehr in Berlin- Bremen, Düsseldorf, Frankfurt und Hamburg; Xetra End of ad hoc announcement (c)DGAP 18.01.2005 181302 Jän 05