Results for the first three months of 2005:
Bank Austria Creditanstalt gets off to a good start in 2005
Operating profit increases by 42.1 per cent to EUR 270 million
Profit after taxes rises by 48.7 per cent to EUR 207 million
- CEE business segment makes the largest contribution to overall profits
In the first quarter of 2005, Bank Austria Creditanstalt (BA-CA) significantly improved its results compared with the same period of the previous year. Consolidated net income in accordance with IFRSs rose by 48.7 per cent to EUR 207 million (first quarter of 2004: EUR 139 million). All business segments of BA-CA contributed to the improved performance. Profit growth was driven by the Central and Eastern Europe (CEE) business segment, which contributed EUR 114 million (an increase of 68 per cent) to BA-CA's net income before taxes and thus accounted for about 41 per cent of the total figure.
Interim Report at 31 March 2005 (630 KB)