Valartis Group AG

VLRT

Equity

ISIN CH0367427686 / Valor 36742768

SIX Swiss Exchange (2024-12-23)

CHF 12.50-0.79%

Valartis Group AG
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About company

Valartis Group AG is a diversified international finance group headquartered in Fribourg, Switzerland, with a presence across several key global markets including Zurich, Geneva, various German cities (Frankfurt am Main, Stuttgart, Hamburg), Vienna, Luxembourg, and in Russia (Moscow and St. Petersburg). The company is publicly traded on the SIX Swiss Exchange. Valartis Group's core business activities span across three main sectors: Financial Services, Real Estate Projects, and Investments. In the realm of financial services, the group specializes in offering comprehensive care for niche funds, corporate finance, and M&A advisory services, primarily targeting mid-sized companies in German-speaking countries and Central and Eastern Europe. The real estate segment of Valartis Group involves the management of commercial and residential properties, investment in development projects, and asset management for real estate investment companies. Additionally, the group's investment activities focus on equity investments, employing a bottom-up approach to manage its own investment portfolio with a rigorous profitability orientation.

Summarized from source with an LLMView SourceSector: Finance

Net Loss

In the annual report for 2023, Valartis Group AG reported a net loss of CHF 6.5 million, a significant decline from the net profit of CHF 7.2 million recorded in the previous year. This downturn was primarily due to the strengthening of the Swiss franc against all investments in foreign currencies, which negatively impacted the net finance result by CHF 10.4 million.

Operating Income

Valartis Group AG's total operating income for the year 2023 decreased by 48 percent compared to the previous year. The decline was mainly attributed to a lower contribution from associated companies and the restructuring of the Group’s third-party advisory business, which was transferred following the disposal of EPH European Property Holdings’ Russian portfolio.

Administrative Expenses

Administrative expenses for Valartis Group AG in 2023 saw a reduction of 17 percent compared to the previous year. This decrease was a result of the transformation and restructuring activities within the Group, which included the reduction of operations in Russia and the reassignment of most employees in Moscow.

Earnings Before Interest and Taxes (EBIT)

Valartis Group AG reported earnings before interest and taxes (EBIT) of CHF 2.0 million for the year 2023, down from CHF 7.4 million in the previous year. The decrease in EBIT was influenced by the overall reduction in operating income and the impact of unfavorable foreign exchange movements on income from investment property.

Dividends

For the year 2023, Valartis Group AG declared a dividend of CHF 0.50 per share. This dividend represents a yield of 3.9 percent, reflecting the company's commitment to providing returns to its shareholders despite the challenging financial environment.

Summarized from source with an LLMView Source

Key figures

0.40%1Y

8.70%3Y

21.4%5Y

Performance

39.6%1Y

48.3%3Y

44.7%5Y

Volatility