DGAP-Adhoc: Baader Wertpapierhandelsbank AG: Preliminary consolidated net profit for 2006 in accordance with IFRSs


Baader Wertpapierhandelsbank AG / Final Results

20.02.2008 

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Baader Wertpapierhandelsbank AG:

preliminary consolidated net profit for 2006 in accordance with IFRSs

Unterschleissheim (Germany), 20 February 2008

Baader Wertpapierhandelsbank AG raised its profit from ordinary activities
in fiscal year 2007 by 38.0% to EUR 35.2 million (previous year: EUR 25.5
million).

Overall, Baader Wertpapierhandelsbank AG generated profit after taxes of
EUR 29.0 million (previous year: EUR 30.6 million). This corresponds to
profit per share of EUR 0.64 (previous year: EUR 0.67).

The lower post-tax profit in 2007 can be explained by the Gesetz über
steuerliche Begleitmaßnahmen zur Einführung der Europäischen Gesellschaft
und zur Änderung weiterer steuerlicher Vorschriften (SEStEG – German Act on
the Tax Features for the Introduction of the European Company and Amendment
of Other Tax Rules). This replaces the previous system of reducing
corporate income tax through payment of corporate income tax credit in
instalments. This led to recognition of the cash value of the corporate
income tax credit in the amount of EUR 11.6 million as an asset and thus
led to a positive tax result in 2006.

At the end of last year, equity amounted to EUR 165.4 million (previous
year: EUR 152,6 million). As of the reporting date, the Group had 298
employees (previous year: 266 employees) and the number of order books
managed climbed from 120,579 or 71% to 206,428.<pre>

Key figures (EUR million)          1 January – 31   1 January – 31 December
                                    December
2007                     2006
Net fee and commission
income                                       46.5                     36.8
Net trading income                           52.0                     49.7
Administrative expenses                      75.6                     63.1
Profit from operations                       32.3                     36.2
Profit from ordinary
activities                                   35.2                     25.5
Earnings after taxes                         29.0                     30.6</pre>

The Board of Directors

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Publisher:
Baader Wertpapierhandelsbank AG
Contact: Thomas Spengler
Weihenstephaner Strasse 4
85716 Unterschleissheim
Phone +49 (0) 89 5150-1030
Fax +49 (0) 89 5150-2424
Thomas.Spengler@Baaderbank.de
www.Baaderbank.de



DGAP 20.02.2008 
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Language:     English
Issuer:       Baader Wertpapierhandelsbank AG
              Weihenstephaner Str. 4
              85716 Unterschleissheim
              Deutschland
Phone:        +49 (0)89/ 5150-0
Fax:          +49 (0)89/ 5150-1111
E-mail:       Info@Baaderbank.de
Internet:     www.Baaderbank.de
ISIN:         DE0005088108
WKN:          508810
Listed:       Regulierter Markt in Berlin, Frankfurt (Prime Standard),
              Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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