DEWB sees turnover fall over limited exit opportunities

Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft (DEWB) announced a turnover of EUR 1.1m for the first nine months of 2002. During this period no realisation of investments was made. In comparison, in the first nine months 2001 DEWB made a turnover of EUR 38.2m. EBIT for the first nine months of 2002 was -EUR 13m, compared with EUR 22.6m in the same period of 2001. During the period DEWB wrote EUR 10.7m off in portfolio investments.

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• DACH