AEVIS VICTORIA SA – Continued organic growth in the third quarter of 2023

AEVIS VICTORIA SA / Key word(s): 9 Month figures

03-Nov-2023 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

Ad hoc announcement pursuant to Art. 53 LR

Fribourg, 3 November 2023

AEVIS VICTORIA SA (AEVS:SW) – Continued organic growth in the third quarter of 2023

AEVIS VICTORIA SA (AEVIS) announces that it achieved revenues of CHF 710.2 million as at 30 September 2023, down due to the change in consolidation scope and the absence of M&A activity. On a comparable basis, total revenues would have reached CHF 702.9 million (2022: CHF 676.1m), representing an organic growth of 4.0%. At the same time, the hospitality and healthcare operating divisions again achieved organic growth.

The Group’s hospitality division MRH Switzerland AG (ex-Victoria Jungfrau AG) achieved revenues of CHF 134.9 million in the first nine months, up by 10.8%, of which 7.3% organic growth driven in particular by the destinations of Zermatt and Interlaken.

Swiss Medical Network SA realized consolidated revenues of CHF 566.3 million in the first nine months, representing an organic growth of 3.1%. Due to the change in consolidation scope and the deconsolidation of Réseau de l’Arc SA (ex-Hôpital du Jura Bernois SA) since 31 December 2022, reported revenue was 13.3% lower than in the previous year. The third quarter is traditionally weaker due to the summer break.

Réseau de l'Arc SA itself posted revenues of CHF 109.8 million (2022: CHF 95.2m), up 15.2%, including an organic growth of 4.2%. Réseau de l'Arc SA will publish its annual results separately, in accordance with the directives of the canton of Berne.

For further information:
AEVIS VICTORIA SA Media and Investor Relations: c/o Dynamics Group, Zurich
Philippe R. Blangey, prb@dynamicsgroup.ch, +41 (0) 43 268 32 35 or +41 (0) 79 785 46 32
Séverine Van der Schueren, svanderschueren@aevis.com, +41 (0) 79 635 04 10

AEVIS VICTORIA SA - Investing for a better life
AEVIS VICTORIA SA invests in healthcare, hospitality & lifestyle and infrastructure. AEVIS′s main shareholdings are Swiss Medical Network SA (80%, directly and indirectly), the only Swiss private network of hospitals present in the country's three main language regions, MRH Switzerland AG, a luxury hotel group managing eleven luxury hotels in Switzerland and abroad, Infracore SA (30%, directly and indirectly), a real estate company dedicated to healthcare-related infrastructure, Swiss Hotel Properties SA, a hospitality real estate division, and NESCENS SA, a brand dedicated to better aging. AEVIS is listed on the Swiss Reporting Standard of the SIX Swiss Exchange (AEVS.SW). www.aevis.com.