Brief: Vaudoise H1 Consolidated Net Profit At CHF 60.9 Mln

Vaudoise Assurances Holding SA

03/09/2020 06:07

Sept 3 (Reuters) - VAUDOISE ASSURANCES HOLDING SA  VAHN.S :
    * H1 REVENUE UP 2.0% TO CHF 821.9 MILLION, INCLUDING GROWTH
IN NET
WRITTEN PREMIUMS IN NON-LIFE BUSINESS OF 2.5%
    * H1 CONSOLIDATED NET PROFIT AT CHF 60.9 MILLION, DOWN 18.6%
    * H1  INVESTMENT RESULTS RESILIENT IN THE FACE OF TURBULENCE
IN
THE FINANCIAL MARKETS WITH A NON-ANNUALIZED RETURN OF 1.2%
    * H1  SHAREHOLDERS' EQUITY DOWN SLIGHTLY TO ALMOST CHF 2.0
BILLION
    * OUTLOOK 2020:  MAINTAINING ITS FORECAST FOR GROWTH OF OVER
1% IN
NON-LIFE INSURANCE FOR 2020

Source text - https://bit.ly/3505STd
Further company coverage:  VAHN.S 

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