Bellevue Group achieves an almost breakeven result in fiscal 2015

1/20/2016, 7:05 PM (Source: GlobeNewswire)

Bellevue Group AG / Bellevue Group achieves an almost breakeven result in fiscal 2015 . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

  • Consolidated loss of less than CHF 1 million after tax expected
  • Greater operating earnings power offsets almost all of the extraordinary impairments and write-downs announced in mid-2015
  • Continuous dividend proposal of CHF 1.00 per share

The Board of Directors and the Group Executive Board of Bellevue Group today decided to issue an ad hoc announcement for the company's shareholders, clients and employees.

Based on preliminary consolidated results, a consolidated loss of less than CHF 1 million after tax is expected for the 2015 fiscal year. Bellevue Group had announced a consolidated after-tax loss of CHF 15.5 million for the first half of the year ending June 30, 2015, which was attributable to extraordinary impairments and write-downs totaling CHF 24.7 million. Underlying business thus showed an improvement during the second half of the year.

The complete annual report for fiscal year 2015 will be published on February 29, 2016.


Media Relations / Investor Relations: Daniel Koller, CFO

Telephone +41 44 267 67 00, Fax +41 44 267 67 01,

Bellevue Group

Bellevue Group is an independent Swiss financial boutique listed on the SIX Swiss Exchange. Established in 1993, the company and its approximately 90 employees are specialists in the fields of Brokerage, Corporate Finance and Asset Management. Bellevue Group includes the two subsidiaries Bank am Bellevue and Bellevue Asset Management. The bank boasts superb knowledge of the Swiss stock and bond market and offers independent research opinions and recommendations as well as viable solutions for capital market transactions. Bellevue Asset Management is focused on selected active equity investment strategies in growing markets, in healthcare industries as well as in other special themes such as entrepreneur-led companies.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bellevue Group AG via Globenewswire


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Bellevue Group AG
Seestrasse 16; Postfach Küsnacht/Zürich Switzerland

WKN: A0LG3Z;ISIN: CH0028422100;

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