UBS news


UBS reports first quarter net profit of CHF 2,423 million

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Best quarterly performance ever, double the result reported in first quarter 2003 (up 100% or 82% before goodwill amortization); Operating income up 33% with revenue growth in all businesses; Annualized RoE at 29.2% (31.9% before goodwill), and earnings per share up 114% (up 95% before goodwill) -- both at all-time highs; Net new money of CHF 35 billion in total, with record CHF 19 billion from wealth management clients worldwide

Peter Wuffli, Chief Executive Officer, presented UBS's First Quarter 2004 Results live from Zurich by webcast. An indexed version of the presentation is available on demand.

Webcast

Indexed version available on demand

Key message videoclip

Key statements on UBS's quarterly results from Peter Wuffli, Group CEO, and Clive Standish, Group CFO

First Quarter Results material