Group structure - BWT Group
Group structure - BWT Group
Group structure - BWT Group
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The Vienna Stock exchange – the <strong>BWT</strong> share<br />
<strong>BWT</strong><br />
ATX (scaled)<br />
January 99 March 99 May 99 July 99 Sept. 99 Nov. 99 January 00 March 00<br />
The Vienna stock exchange showed<br />
a less pronounced development<br />
compared with most international<br />
stock exchanges. The ATX<br />
(Index of Austrian continuously traded<br />
shares) improved by 6.9%<br />
during the year. Compared with<br />
this, developments at important<br />
international stock exchanges<br />
were significantly higher (eg. DAX<br />
+39.1%, Dow Jones Industrial<br />
+25.2%, Nikkei +36.8%).<br />
<strong>BWT</strong> AG has been quoted on the<br />
Austrian stock exchange since<br />
– 26 –<br />
May 1992. <strong>BWT</strong> shares are weighted<br />
at 1% in the main index ATX.<br />
In the context of weak exchange<br />
development, <strong>BWT</strong> shares came<br />
under pressure from the revision to<br />
earnings expectations for the<br />
fourth quarter, so that the share<br />
price at year-end, at € 133.5, was<br />
29% below that of the beginning<br />
of the year.<br />
During the first quarter of the year<br />
2000, however, and with unchanged<br />
stock market conditions, an<br />
increase in the share price by