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10.11.2005

BA-CA results for the first nine months of 2005:
Strong performance of Bank Austria Creditanstalt

  • Net income before taxes rises by 70 per cent to EUR 1.1 billion
  • Profit after taxes rises by 86 per cent to EUR 824 million
  • Growth driven by CEE business
  • Business combination of UniCredit and HVB makes Bank Austria Creditanstalt the clear number one in CEE: BA-CA's market increases fourfold to 400 million people

In the first nine months of 2005, Bank Austria Creditanstalt (BA-CA) significantly improved its results compared with the same period of the previous year. Net income before taxes rose by 69.7 per cent to EUR 1.1 billion (first nine months of 2004: EUR 655 million), a figure which also reflects one-off effects of EUR 193.5 million. Adjusted for these one-off effects, net income before taxes increased by 40.1 per cent to EUR 917 million. Net income after taxes and minority interests rose by 86.4 per cent to EUR 824 million (2004: EUR 442 million). Excluding one-off effects, net income after taxes and minority interests improved by an impressive 50.5 per cent to EUR 665 million. Central and Eastern Europe continues to drive the growth of operating activities. The Central and Eastern Europe (CEE) business segment more than doubled its net income after taxes from EUR 197 million to EUR 442 million. Business with private customers and large corporates as well as the International Markets business segment also contributed to the improvement in results.  

 IR Release download (155 KB)

 Interim Report at 30 September 2005 (546 KB)