09.01.2013 19:01:31
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PRESS RELEASE: Bellevue Group with net profit in the range of CHF 6 to 7 million for the year 2012
Bellevue Group AG / Bellevue Group with net profit in the range of CHF 6 to 7 million for the year 2012 . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.
MEDIA RELEASE
Küsnacht, January 9, 2013
Bellevue Group with net profit in the range of CHF 6 to 7 million for the year 2012
- Expected Group net profit in the range of CHF 6 to 7 mn
- Positive operating result at Bank am Bellevue and Bellevue Asset Management
- No extraordinary write-downs and impairments
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.
According to preliminary consolidated results, Bellevue Group is expecting an after-tax profit for the year 2012 in the range of CHF 6 to 7 mn. In the year 2011 Bellevue Group reported extraordinary write-downs and impairments of CHF 48 mn. Based on the latest assessment of future earnings, there is no need for further write-downs or impairments at the current time. The results for the year 2012 will therefore deviate significantly from the year 2011.
Bellevue Group will publish its annual report on February 25, 2013.
Contact:
Media / Investor Relations: Daniel Koller, CFO
Telephone +41 44 267 67 00, Fax +41 44 267 67 01, ir@bellevue.ch
Bellevue Group
The Bellevue Group is an independent Swiss financial group domiciled in Küsnacht. The parent company Bellevue Group AG is listed on the SIX Swiss Exchange.
Bank am Bellevue is a provider of research and brokerage services in Swiss equities and selected international stocks as well as corporate finance services.
Bellevue Asset Management manages specialized equity investment vehicles focused on selected sector and regional strategies and provides selected institutional asset management services.
Bellevue Group_MM_09.01.13_EN: http://hugin.info/137269/R/1669376/542339.pdf
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bellevue Group AG via Thomson Reuters ONE [HUG#1669376]
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Bellevue Group AG Seestrasse 16; Postfach Küsnacht/Zürich Switzerland
WKN: A0LG3Z;ISIN: CH0028422100;
http://www.bellevue.ch (END) Dow Jones Newswires
January 09, 2013 12:30 ET (17:30 GMT)- - 12 30 PM EST 01-09-13
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