VZ Holding AG (SWX:VZN)
143.00
-4.40 (-2.99%)
May 12, 2026, 5:31 PM CET
VZ Holding AG Earnings Call Transcripts
Fiscal Year 2025
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Revenue grew 9.9% year-over-year to CHF 277.9 million, with net profit up 9% to CHF 112 million, driven by strong consulting demand and AUM growth. Net interest income declined due to Swiss rate cuts, but digital and international expansion continued.
Fiscal Year 2024
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Revenue grew 12.8% and net profit rose 19.1% year-over-year, driven by strong client demand and market performance. AUM increased 16.4% to CHF 49.6 billion, while net interest income is expected to decline in H2 2024 due to SNB rate cuts, with overall growth guidance at around 10%.