Brief: VZ Holding: FY Operating Revenues Up At CHF 413.9 Mln

VZ Holding AG

02/03/2023 05:41

March 2 (Reuters) - VZ HOLDING AG  VZN.S :
    * INCREASED ITS OPERATING REVENUES IN FY BY 6.4% TO CHF
413.9
MILLION
    * EBIT AND NET PROFIT MARGINS  REMAINED VIRTUALLY UNCHANGED
IN
2022, AND PROFIT GREW BY 5.7 PERCENT TO 151.3  MILLION SWISS
FRANCS
    * CEO GIULIO VITARELLI EXPECTS THE BUSINESS TO GROW FASTER
THAN 
THE LONG-TERM AVERAGE IN 2023 THANKS TO BASE EFFECTS
    * IN FY PROFIT GREW BY 5.7% TO MILLION  151.3  CHF
    * BOARD OF DIRECTORS PROPOSES TO INCREASE DIVIDEND FROM 1.57
TO
1.74 FRANCS PER SHARE.  AS A RESULT, PAY-OUT RATIO INCREASES
FROM 44 TO 46 PERCENT AS PLANNED
    * IN FY THE BALANCE SHEET TOTAL GREW FROM BILLION 5.8 TO
BILLION
5.9 CHF

Further company coverage:  VZN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))