on VZ Holding AG (isin : CH0028200837)
VZ Group records solid growth in the first half of 2024
VZ Group announced a 12.8% increase in revenue to CHF 252.9 million in the first half of 2024. Net profit increased by 19.1% to CHF 102.8 million.
The Group's advisory services continue to be in high demand. Despite a moderate increase in fee income, 4,200 clients subscribed to management services. The net inflow of new money remained at CHF 2.3 billion.
The balance sheet is also improving, reaching 7.0 billion francs thanks to the arrival of new customers. The equity ratio remains solid at 25.0%.
The forecast for the rest of 2024 is optimistic, with growth at the long-term average, provided there are no major crises in the financial markets.
R. P.
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