VZ Holding AG

Above-average growth for VZ Group - Seite 3

Contacts

Adriano Pavone	Petra Märk
Head Media Communications	Head Investor Relations
Phone [phone]	Phone [phone]
Mail [e-mail]	Mail [e-mail]

Alternative performance measures
To measure its performance, VZ Group uses key figures that are not defined under International Financial Reporting Standards (IFRS). These alternative performance measures are listed on page 194 of the Annual Report 2023.

VZ Group
VZ is an independent Swiss financial service company, and VZ Holding Ltd’s shares are listed on the SIX Swiss Exchange. Asset management, pension and estate planning for individuals as well as insurance and pension fund management for companies are VZ Group’s core services. VZ Holding is headquartered in Zug, and VZ has 42 branch offices in Switzerland, Germany and England.

Forward-looking statements
This press release contains forward-looking statements that involve known and unknown risks, uncertainties or other factors that may cause the actual results to be materially different from any future results, performance, or achievements expressed or implied by such statements. Against the background of these uncertainties, readers should not rely on such forward-looking statements. The company assumes no responsibility to update forward-looking statements or to adapt them to future events or developments.


Key figures
 

Income statements (CHF '000)	2023	20221
Operating revenues	463’842	403’900
Operating expenses	244’922	227’597
Operating profit (EBIT)	218’920	176’303
Net profit	187’022	151’385
1 Retrospective restatement due to the implementation of IFRS 17 (details from page 68 of the financial report).