VZ Holding AG announces notable growth in 2023

On February 29, 2024, VZ Group revealed a significant increase in its operating revenue and profit for the previous year. With operating income up 14.8%, standing at 463.8 million francs, and net profit having increased by 23.5% to reach 187.0 million francs, the company demonstrated robust performance.

The Chairman of the General Management, Giulio Vitarelli, expressed positive expectations for the long-term growth of results and profits for 2024. The General Assembly will also have to decide on the appointment of two new members to the Board of Directors . The proposal includes Nadia Tarolli Schmidt and Henriette Wendt, both bringing valuable expertise in the legal and operational sectors respectively.

The year's report also demonstrates the Group's continued development in consulting and the extension of its services thanks to growing demand. Despite a difficult market environment, the Group has succeeded in increasing its customer portfolio and is proposing to increase the dividend per share from 1.74 to 2.24 francs.

The full presentation of the annual report and details for participating in the conference call for journalists and analysts are available on the VZ Holding website.