Brief: Aevis Victoria SA FY Revenue Up 42.0% At CHF 933.2 Mln

Aevis Victoria SA

27/03/2020 06:15

March 27 (Reuters) - Aevis Victoria SA  AEVS.S :
    * FY REVENUE INCREASED BY 42.0% TO CHF 933.2 MILLION
    * FY OPERATING INCOME INCREASED TO CHF 308.4 MILLION
    * FY NET PROFIT ROSE TO CHF 173.7 MILLION
    * DECIDES NOT TO PROPOSE TO PAY A DIVIDEND FOR THE YEAR
    * FINANCIAL CONSEQUENCES OF THE ONGOING LOCKDOWN DUE TO
CORONAVIRUS CANNOT YET BE QUANTIFIED
    * OUTLOOK 2020:  START OF 2020 WAS ENCOURAGING BUT WAS
INTERRUPTED
WITH THE COVID-19 CRISIS
    * OUTLOOK 2020:   IMPLICATIONS OF THE VIRUS ITSELF CANNOT
YET BE
DETERMINED
    * FY EBITDAR CHF 308.4 MILLION VERSUS CHF 84.7 MILLION YEAR
AGO
    * PANDEMIC IS EXPECTED TO BROADLY IMPACT THE HOSPITALITY
BUSINESS
THIS SUMMER
    * FY PROFIT CHF 173.7 MILLION VERSUS LOSS CHF 6.6 MILLION
YEAR AGO

Source text for Eikon:  ID:nAWP36SDjk 
Further company coverage:  AEVS.S 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))