Knorr Capital Partner AG
Knorr Capital Partner AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Munich, July 25, 2001 – Munich-based consulting and venture capital company
Knorr Capital Partner AG has substantially improved its market position in a
difficult overall environment, recording earnings per share of EUR 0.85
(previous year: EUR 1.31). After adjustment for one-time write-downs on equity
investments amounting to EUR 6.3 million, earnings per share amounted to EUR
1.32. The net income after taxes for the six-month period totaled EUR 6.74
million (previous year EUR 8.13 million), with revenues amounting to EUR 52.8
million (previous year EUR 31.8 million). The second quarter of 2001 showed a
clear improvement over the first.
Further, KCP is confident about business developments for the second half of
the year. The company is assuming that it will be successful in its planned
sale of major investments. In addition, it aims to take one or two equity
interests public by the end of the year. Further revenues are anticipated by
restructuring measures at listed companies.
The company is maintaining its earnings forecast of EUR 2.80 per share. It has
created substantial flexibility on the cost side in order to be able to adapt
to a changing market environment.
For more information, please contact:
Manfred Stein
Corporate Communications Manager
Gertraud Hielscher
Public Relations
KNORR CAPITAL PARTNER AG
Rückertstrasse 1, 80336 Munich, Germany
Tel:+49 (0) 89 54 35 6-0
Fax:+49 (0) 89 54 35 6-333
E-mail: info@knorrcapital.de
Internet: http://www.knorrcapital.de
end of ad hoc announcement (c) DGAP 25.07.2001
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WKN: 768612; Index: SDax
Listed: Amtlicher Handel in Frankfurt (SMAX), München; Freiverkehr in Berlin,
Düsseldorf, Hamburg, Stuttgart
250814 Jul 01
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