GBK announces annual pre-tax profits up 34%

GBK Beteiligungen AG has released financial figures for the group’s performance. In the 12 month period until 30 June 2001, the Hamburg-based firm saw its pre-tax profits grow by some 34% or Å¡0.9m. GBK has made five new investments totalling some Â8m during the year. These included a 3% stake in Willy Vogel Beteiligungsgesellschaft mbH, which controls 100% of Willy Vogel AG; undisclosed stakes in tv-S Medien GmbH and MTS MIKROWELLEN Technologie und Sensoren GmbH as well as an 8.8% stake in FUNDAMENTA Capital AG and an undisclosed interest in Purus Group. The group is also currently in discussions with Hannover Finanz GmbH regarding future areas of collaboration.

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