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VZN VZ Holding AG News Story

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Brief: VZ Holding FY Net Profit Of CHF 187 Mln (+23.5%)

Feb 29 (Reuters) - VZ HOLDING AG  VZN.S :
    * FY NET PROFIT OF CHF 187 MILLION (+23.5%)
    * FY OPERATING INCOME OF CHF 463.8 MILLION (+14.8%)
    * BOARD OF DIRECTORS PROPOSES TO THE AGM THAT THE DIVIDEND
BE
INCREASED FROM CHF 1.74 TO CHF 2.24 PER SHARE
    * EXPECTS THAT REVENUE AND PROFIT GROWTH IN THE 2024
FINANCIAL
YEAR WILL BE IN LINE WITH THE LONG-TERM AVERAGE
    * CET1-RATIO OF 26.2% AS OF 31 DECEMBER 2023
    * ASSETS UNDER MANAGEMENT OF CHF 44.9 BILLION AS OF 31
DECEMBER
2023
    * FY EBIT OF CHF 218.9 MILLION

Further company coverage:  VZN.S 

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

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