AEVIS VICTORIA SA

AEVS

Equity

ISIN CH0478634105 / Valor 47863410

SIX Swiss Exchange (2024-09-18)

CHF 14.00+2.19%

AEVIS VICTORIA SA
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About company

AEVIS VICTORIA SA is an investment company established in 2006 and listed on the Swiss Reporting Standard of the SIX Swiss Exchange. The company's investment strategy focuses on three key areas: healthcare, lifestyle, and infrastructure. Its main holdings include Swiss Medical Network SA, a private hospital network in Switzerland, MRH Switzerland AG, a luxury hotel group, Infracore SA, a healthcare-related real estate company, Swiss Hotel Properties SA, a hospitality real estate division, and NESCENS SA, a brand dedicated to healthy aging.

Summarized from source with an LLMView SourceSector: Healthcare

Revenue Decline

AEVIS VICTORIA SA reported consolidated revenue of CHF 953.0 million for the year 2023, a decrease from CHF 1.14 billion in 2022. This decline was primarily due to the deconsolidation of Réseau de l’Arc and the absence of significant M&A transactions during the period.

Operating Profit

The company's EBITDAR for 2023 reached CHF 119.9 million, down from CHF 209.6 million in the previous year. This resulted in an operating margin of 14.4%, compared to 20.5% in 2022. On a like-for-like basis, the operating profit margin was 14.6%.

Net Loss

After accounting for depreciation, amortization, and financial expenses, AEVIS VICTORIA SA reported a net loss of CHF 41.9 million for 2023. This contrasts with the previous year's financial performance, highlighting the challenges faced during the period.

Hotel Operations Growth

MRH Switzerland AG, the subsidiary responsible for the Group’s hotel operations, saw its revenues increase by 10.3% to CHF 170.5 million in 2023. This growth was driven by strong performances in destinations like Zermatt and Interlaken, contributing to an EBITDAR of CHF 34.6 million and an operating margin of 20.3%.

Real Estate Portfolio

Swiss Hotel Properties SA, the consolidated hotel real estate subsidiary, reported an increase in the value of its real estate portfolio to CHF 857.8 million. This growth was attributed to acquisitions and developments in key locations such as Zermatt and Interlaken, enhancing the overall asset value of the company.

Summarized from source with an LLMView Source

Key figures

-24.3%1Y

9.80%3Y

10.2%5Y

Performance

23.7%1Y

31.1%3Y

30.2%5Y

Volatility