AEVIS VICTORIA SA announces its turnover results for 2023

AEVIS VICTORIA SA (AEVIS) recently published its turnover for the year 2023, revealing various performances within its holdings. The company had a record year for hospitality and services, while the healthcare sector stagnated. Despite this, the overall value of the holdings increased significantly. However, AEVIS anticipates a net loss of between CHF 35 and 45 million, influenced by the absence of M&A activity.

The hotel subsidiary, MRH Switzerland SA, generated CHF 170.5 million in turnover, with growth of 10.3% compared to 2022. This increase is attributed to successful investments and repositioning. Swiss Hotel Properties SA, for its part, saw the value of its real estate portfolio reach around CHF 855 million, thanks to strategic acquisitions and developments.

Swiss Medical Network, dedicated to health, presented constant turnover with slight organic growth of 0.3%. However, increasing costs have impacted margins. Exceptional items, such as the development of the Viva project and construction works, also influenced profitability.

Hospital real estate through Infracore SA achieved stable turnover, while the total value of the real estate portfolio increased to CHF 1.29 billion. AEVIS is preparing to publish its 2023 annual report on March 28, 2024, anticipating a net loss after amortization and financial expenses.