AEVIS VICTORIA SA – AEVS.SW: Revenue up 42.6% to CHF 584.2 million (2021: CHF 409.8 million) in the first half of 2022

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AEVIS VICTORIA SA / Keyword(s): Sales Results
AEVIS VICTORIA SA – AEVS.SW: Revenue up 42.6% to CHF 584.2 million (2021: CHF 409.8 million) in the first half of 2022

24 August 2022 / 15:46 CET/CEST
Publication of an ad hoc announcement pursuant to Art. 53LR
The issuer is solely responsible for the content of this announcement.

Ad hoc announcement pursuant to Art. 53LR

Freiburg, August 24, 2022

AEVIS VICTORIA SA – AEVS.SW: Revenue up 42.6% to CHF 584.2 million (2021: CHF 409.8 million) in the first half of 2022

The various acquisitions in the hotel and hospital segments are bearing fruit. Organic growth amounted to 9.8%.

AEVIS VICTORIA’s consolidated revenues increased significantly in the first half of 2022, due to the normalization of the situation in the hotel sector and the various acquisitions made in 2020, 2021 and 2022. Total revenues increased by 42.6% to CHF 584.2 million (2021: CHF 409.8 million), driven by organic growth of 9.8% and the consolidation of recently acquired entities in the hospital sector.

Business in the hotel segment (Victoria Jungfrau) normalized following the lifting of Covid-related restrictions and revenues of CHF 80.2m (2021: CHF 52.9m) resulted in the first half of 2022. Segment growth was mainly organic, as L’Oscar Hotel London, acquired in March 2022, contributed only CHF 1.7 million to revenue. The slow recovery of MICE activities (meetings, incentives, conventions, events) was more than offset by a strong increase in individual guests.

The hospital segment (Swiss Medical Network) achieved gross revenues of CHF 450.0 million (2021: CHF 344.7 million), up 30.5% thanks to organic growth of 4.7% and consolidation from the Bernese Jura Hospital, Klinik Pyramid am See, Rosenklinik and Xundheitzentren. Net income (excluding medical fees) increased by 33.9% to CHF 392.2 million (2021: CHF 293.0 million)

AEVIS VICTORIA’s investment activities contributed CHF 51.3 million to total revenue, notably through the sale of the stake in Medgate to Otto Group.

AEVIS VICTORIA will publish its full 2022 half-year report on September 16, 2022.

For more information:

AEVIS VICTORIA SA Media and Investor Relations: c/o Dynamics Group, Zurich
Philippe R. Blangey, [email protected], +41 (0) 43 268 32 35 or +41 (0) 79 785 46 32
Séverine Van der Schueren, [email protected], +41 (0) 79 635 04 10

AEVIS VICTORIA SA – Investing for a better life

AEVIS VICTORIA SA invests in healthcare, hospitality, lifestyle and infrastructure. The main holdings of AEVIS are Swiss Medical Network SA (90%, directly and indirectly), the only private Swiss network of hospitals present in the three main linguistic regions of the country, Victoria-Jungfrau AG, a luxury hotel group managing ten luxury hotels in Switzerland and abroad, Infracore SA (30%, directly and indirectly), real estate company dedicated to health-related infrastructures, Swiss Hotel Properties SA, hotel real estate division, and NESCENS SA, brand dedicated to better aging . AEVIS is listed on the Swiss Reporting Standard of the SIX Swiss Exchange (AEVS.SW). www.aevis.com.

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