Brief: EFG International Says 4M25 Net Profit Of Around CHF 130 Million

EFG International AG

21/05/2025 06:06

May 21 (Reuters) - EFG INTERNATIONAL AG EFGN.S:

4M25: NET PROFIT OF AROUND CHF 130 MILLION

ANNUALISED NNA GROWTH RATE OF 5.5%

4M25: NET NEW ASSETS TOTALLED CHF 3.0 BILLION

4M25: ASSETS UNDER MANAGEMENT TOTALLED CHF 159.2 BILLION

REVENUE MARGIN WAS 97 BASIS POINTS IN THE FIRST FOUR MONTHS OF 2025, COMPARED TO 96 BASIS POINTS FOR THE FIRST FOUR MONTHS OF 2024

COST/INCOME RATIO IMPROVED TO APPROXIMATELY 70%

4M25: CET1 RATIO OF 17.1%

IN MAY 2025 AN INSURANCE SETTLEMENT HAS BEEN REACHED IN PRINCIPLE  RELATING TO LOSSES INCURRED IN THE CONTEXT OF THE 22 FEBRUARY 2023 ANNOUNCEMENT OF A FINAL SETTLEMENT OF MULTI-JURISDICTIONAL LEGAL PROCEEDINGS WITH A TAIWANESE INSURANCE COMPANY

EXPECTS ITS NET PROFIT FOR THE FIRST HALF OF 2025 TO INCLUDE A NET CONTRIBUTION OF AROUND CHF 45 MILLION

SUCCESSFUL OUTRIGHT SALE OF A PART OF ITS PORTFOLIO OF DIRECTLY HELD LIFE INSURANCE POLICIES

SALE, EFFECTIVE 15 MAY, HAS A MARGINALLY POSITIVE IMPACT ON EFG’S EARNINGS IN THE FIRST HALF OF 2025

Further company coverage: EFGN.S

 (Gdansk Newsroom)

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