AEVIS VICTORIA SA / Keyword(s): Figures over 9 months
03-Nov-2022 / 07:00 CET/CEST
Publication of an ad hoc announcement pursuant to Art. 53LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53LR
Freiburg, November 3, 2022
AEVIS VICTORIA SA – AEVS.SW – Turnover over nine months up 35.5% to CHF 831.0 million
Acceleration of organic growth to 15.2%, driven by the hotel industry
AEVIS VICTORIA SA (AEVIS) announces a 35.5% increase in its consolidated turnover to CHF 831.0 million for the first nine months of 2022 (2021: CHF 613.1 million). The two main divisions of AEVIS, Swiss Medical Network and Victoria-Jungfrau, continued their solid performance during the 3rd quarter, bringing like-for-like organic growth to 15.2%.
The hospitality division (Victoria-Jungfrau) continued and accelerated its performance with revenues of CHF 121.8 million (2021: CHF 82.6 million), representing growth of 47.4%. This increase is mostly organic, as the situation on the pandemic front has normalized. MICE activity (meetings, incentives, congresses and events) is gradually picking up, despite the notable absence of Chinese clients. Promising booking levels for the end of the year should allow Victoria-Jungfrau to achieve a record financial year in 2022.
Swiss Medical Network increased its revenues by 26.6% to CHF 652.4 million (2021: CHF 515.3 million), including organic growth of 3.7%. The 3rd quarter includes the traditionally weaker summer months and activity is expected to pick up in the last quarter of the year. Swiss Medical Network continues its development and transformation into an integrated health organization. A first step has been taken in the Jura Arc, with the creation of the first integrated health organization in Switzerland around the Bern Jura Hospital, in partnership with Visana and the Canton of Bern.
AEVIS’ two largest holdings continue to perform well in 4Q2022 and AEVIS expects its revenues to exceed CHF 1 billion for the first time in its history. In line with the Group’s investment activity, the current investment portfolio should generate significant dividends and capital gains at the holding company level during the 2022 financial year, which should allow a continuation and intensification of the ordinary dividend policy in 2023.
For more information:
AEVIS VICTORIA SA Media and Investor Relations: c/o Dynamics Group, Zurich
Philippe R. Blangey, prb@dynamicsgroup.ch, +41 (0) 43 268 32 35 or +41 (0) 79 785 46 32
Séverine Van der Schueren, svanderschueren@aevis.com, +41 (0) 79 635 04 10
AEVIS VICTORIA SA – Investing for a better life
AEVIS VICTORIA SA invests in healthcare, hospitality, lifestyle and infrastructure. The main holdings of AEVIS are Swiss Medical Network SA (90%, directly and indirectly), the only private Swiss network of hospitals present in the three main linguistic regions of the country, Victoria-Jungfrau AG, a luxury hotel group managing ten luxury hotels in Switzerland and abroad, Infracore SA (30%, directly and indirectly), real estate company dedicated to health-related infrastructure, Swiss Hotel Properties SA, hotel real estate division, and NESCENS SA, brand dedicated to better aging . AEVIS is listed on the Swiss Reporting Standard of the SIX Swiss Exchange (AEVS.SW). www.aevis.com.
End of privileged information
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