UBS reports 2003 net profit of CHF 6,385 million and fourth quarter net profit of CHF 1,859 million
With 2003 net profit of CHF 6,385 million, UBS reports its second most profitable year ever. Excluding goodwill amortization and significant financial events, net profit rose 33% from 2002. UBS shareholders benefit from a combination of high return on equity, rapid earnings per share growth, a record dividend, and top-tier capitalization. Net new money inflows in the wealth management businesses totaled CHF 50.8 billion in 2003.
Peter Wuffli, Chief Executive Officer, presented UBS's Fourth Quarter 2003 Results live from Zurich by webcast.
Now available on demand: indexed version of full presentation
Key statements on UBS's quarterly results from Peter Wuffli
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