Swiss Hawk AG
Swiss Hawk AG releases its 2006 Annual Accounts and its 2007 unaudited Interim Management Accounts
Swiss Hawk AG / Final Results/Half Year Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Swiss Hawk AG releases its 2006 Annual Accounts and its 2007 unaudited Interim Management Accounts Zug, 2 August 2007, Swiss Hawk AG today releases its audited Annual Report for the Financial Year ended December 31 2006 and its unaudited Interim Management Accounts for the period 1 January to 31 July 2007 (Interim Reporting Period). The final accounts for 2006 show a profit before tax of CHF 19,728(EBT). The unaudited Interim Management Accounts for period 1 January up to 31 July 2007 show a profit before tax of CHF 39.2 million (EBT). The increase in profit reported during the 2007 Interim Reporting Period are for the most part due to the Company’s successful management of its pre-IPO transaction portfolio and successful listing of 3 portfolio companies on the Frankfurt market. Overall, the Company’s investment portfolio is very satisfactory and all major investment holdings are on course for significant growth in value by the end of 2007. The Management believes that all of the investment holdings presented in the interim accounts will be quoted on a recognised stock exchange or will be disposed through trade sales before the end of 2007. The Company has an optimistic investment opportunity pipeline and expects to complete additional pro-IPO transactions on good value terms during the remainder of 2007 and early 2008. The Interim Management Accounts are in line with previous forecasts and the management remains confident that progress shown during the 2007 Interim Reporting Period will be maintained during the remainder of 2007 and continue into 2008. Business so far concluded during 2007, suggests the Company will de-liver good earnings and revenues in line with the management’s previous estimates for the full financial year. The 2006 Annual Report and 2007 unaudited Interim Management Accounts are available to download from the Company’s website from 2 August 2007. About Swiss Hawk AG Swiss Hawk is a niche investment vehicle comparable to a Hedge Fund that trades in high growth alternative asset class investments. The company pursues an aggressive investment policy focusing on late stage pre-IPO and IPO transactions with high growth potential and planned exit in the short to medium term. Swiss Hawk focuses on the following business sectors: Digital Media & Entertainment, Information Technology, Real Estate Investment Management & Finance, and Renewable Energy & Environmental Technology. Swiss Hawk is listed on the Frankfurt Stock Exchange Open Market. For further information, please contact: Mrs Pranee Schneider Tel: +41 (0)41 511 0198 E-Mail: contact@swisshawk.com URL: http://www.swisshawk.com DGAP 02.08.2007 ----------------------------------------------------------------------
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