Reuters logo
5 months ago
BRIEF-Bellevue Group FY operating profit down 41 pct at CHF 14.5 million
February 28, 2017 / 6:14 AM / 5 months ago

BRIEF-Bellevue Group FY operating profit down 41 pct at CHF 14.5 million

1 Min Read

Feb 28 (Reuters) - Bellevue Group AG:

* Operating profit at 14.5 million Swiss francs ($14.40 million) - increase in recurring revenues - assets under management at record high

* FY group operating profit declines 41 pct to 14.5 million Swiss francs

* FY recurring revenues increase to 81 pct of total revenues

* Board of directors reiterates its shareholder-friendly dividend policy and will propose a tax-free cash dividend of 1.00 franc per share

* FY profit before tax just under 1 million francs, owing to impairment and write-down announced in December of 2016 Source text for Eikon: Further company coverage: ($1 = 1.0066 Swiss francs) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below