Brief: VZ Holding FY Net Profit Up At CHF 98.2 Mln

VZ Holding AG

01/03/2019 05:54

March 1 (Reuters) - VZ HOLDING AG  VZN.S :
    * FY NET PROFIT ROSE BY 13.1 PERCENT TO CHF 98.2 MILLION.
    * FY OPERATING REVENUES GREW BY 9.2 PERCENT TO CHF 284.2
MILLION
    * DIVIDEND TO BE INCREASED FROM CHF 4.35 TO CHF 4.90 PER
SHARE
    * TURBULENCES ON FINANCIAL MARKETS CONTINUE TO HAVE AN
IMPACT AND
WILL ALSO BURDEN CURRENT FINANCIAL YEAR -CEO
    * EXPECTS WEAKER REVENUE GROWTH FOR 2019.
    * EXPECT WEAKER PROFIT GROWTH IN CURRENT YEAR, BEFORE GROWTH
SHOULD RETURN TO NORMAL FROM 2020 ONWARDS -CEO

Source text for Eikon:  ID:nEQ5wZsgha 
Further company coverage:  VZN.S 

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