Bellevue Group achieves an almost breakeven result in fiscal 2015
(Thomson Reuters ONE) -
Bellevue Group AG /
Bellevue Group achieves an almost breakeven result in fiscal 2015
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* Consolidated loss of less than CHF 1 million after tax expected
* Greater operating earnings power offsets almost all of the extraordinary
impairments and write-downs announced in mid-2015
* Continuous dividend proposal of CHF 1.00 per share
The Board of Directors and the Group Executive Board of Bellevue Group today
decided to issue an ad hoc announcement for the company's shareholders, clients
and employees.
Based on preliminary consolidated results, a consolidated loss of less than CHF
1 million after tax is expected for the 2015 fiscal year. Bellevue Group had
announced a consolidated after-tax loss of CHF 15.5 million for the first half
of the year ending June 30, 2015, which was attributable to extraordinary
impairments and write-downs totaling CHF 24.7 million. Underlying business thus
showed an improvement during the second half of the year.
The complete annual report for fiscal year 2015 will be published on February
29, 2016.
Contact:
Media Relations / Investor Relations: Daniel Koller, CFO
Telephone +41 44 267 67 00, Fax +41 44 267 67 01, ir(at)bellevue.ch
Bellevue Group
Bellevue Group is an independent Swiss financial boutique listed on the SIX
Swiss Exchange. Established in 1993, the company and its approximately 90
employees are specialists in the fields of Brokerage, Corporate Finance and
Asset Management. Bellevue Group includes the two subsidiaries Bank am Bellevue
and Bellevue Asset Management. The bank boasts superb knowledge of the Swiss
stock and bond market and offers independent research opinions and
recommendations as well as viable solutions for capital market transactions.
Bellevue Asset Management is focused on selected active equity investment
strategies in growing markets, in healthcare industries as well as in other
special themes such as entrepreneur-led companies.
Press Release (PDF):
http://hugin.info/137269/R/1980295/725421.pdf
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GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Bellevue Group AG via GlobeNewswire
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Datum: 20.01.2016 - 19:05 Uhr
Sprache: Deutsch
News-ID 445458
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