Very good start to the winter season for ski lifts

The Bernese banking group Valiant recorded a net profit increasing by 4.2% to 150.4 million francs in 2024. The board of directors will be able to propose to its shareholders an increased dividend from 30 cents to 5.80 francs per share .
From January to December, the operating product advanced 1.1% to 551.7 million compared to the same period a year earlier, a statement said on Wednesday.
In detail, interest operations, the first source of revenue from the establishment, display a decline of 4.2% to 408.9 million. Trade -related affairs, on the other hand, jumped 25.3% to 50.5 million. Finally, commissions and services reported 93 million, or 10.8% more over one year.
The charges weighed heavier by 3.4% to 300 million, underlines the group by recalling the unique expenses allocated for the renewal of basic banking software and investments in the digitization and development of the offer. The operating profit thus emerged at 233.4 million, or 0.5% more.
At the end of December, the total of the balance sheet reached 37.1 million, up 2.9%. Customer loans were 30.1 billion, up 1.6% over one year, including 28.7 billion mortgage claims (+1.7%). Customer funds stabilized by taking 0.8% to 22.4 billion.
Over the period under review, Valiant strengthened its total reserves for general banking risks of 46.0 million.
These figures surpass the expectations of the AWP consensus, of which analysts were tabling on revenues at 543.4 million, an operating profit of 224.9 million, a net profit of 147 million francs and a dividend of 5.77 francs.
For 2025, Valiant expects a slight increase in profit without giving more details.
This article was published automatically. Sources: ATS / AWP