UBS Results Also Down on 2000

UBS reports net profit after tax for 2001 of CHF 4,973 million, 36% less than the previous year. Pre goodwill, net profit was 28% lower than was achieved in the markedly stronger markets of 2000. Although UBS is still constrained

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UBS reports net profit after tax for 2001 of CHF 4,973 million, 36% less than the previous year. Pre-goodwill, net profit was 28% lower than was achieved in the markedly stronger markets of 2000. Although UBS is still constrained by the difficult economic environment, its businesses are well positioned. Net new money inflows totalled CHF 102 billion in 2001. Today Peter Wuffli, President of the Group Executive Board, presented UBS’s Fourth Quarter 2001 Results live from Zurich. The webcast is available on demand from 2pm (CET).

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