Leadership Transition and Financial Challenges at Bellevue Group

Bellevue Group AG has announced a leadership change and adjustments to its business model. Veit de Maddalena has been appointed as the Executive Chairman, taking over operational management starting June 2, 2025, following the departure of CEO Gebhard Giselbrecht. The company is focusing on adapting to new market realities and improving its core competencies in the biotech and healthcare sectors.

Bellevue Group expects a significant drop in its net results for the first half of 2025 compared to the same period last year, projecting a nearly break-even outcome. Contributing factors include a decline in assets under management and poor healthcare sector performance, exacerbated by a weak US dollar. Despite these challenges, Bellevue Group maintains a healthy, debt-free balance sheet.

Full financial results for the first half of 2025 will be released on July 24, 2025.