V-ZUG Reports Sales and Profitability Growth for 2024

V-ZUG Holding AG reported an increase in net sales to CHF 591.7 million in 2024, a 1.1% rise from the previous year, attributed to its differentiation strategy. The operating result (EBIT) surged by 50.8% to CHF 25.3 million, elevating the EBIT margin to 4.3%. Cash flow from operating and investing activities stood at CHF 1.8 million, highlighting efficient financial management amidst high investment activities.

The Swiss market experienced a positive uptick with net sales climbing by 3.2%, counteracting the 8.8% decrease in international markets due to inventory reductions in North America. Despite challenges, V-ZUG strengthened its international presence with new studios in global cities.

The Board of Directors plans to propose a first-ever dividend and distribution from capital reserves totaling CHF 0.90 per share. With a solid balance sheet and a 76.4% equity ratio, V-ZUG is poised for further growth in 2025, maintaining a focus on sustainability and efficient production.