AEVIS VICTORIA SA announces its annual results for 2023 and forecasts an improvement in 2024

AEVIS VICTORIA SA has published its annual report for the year 2023, highlighting the significant progress of its investments. Among the highlights, the increase in the value of the investments, in particular thanks to Swiss Medical Network and the integration of the Visana insurance group. Despite a context marked by inflation and geopolitical challenges, the group's companies have been able to adapt their strategies to maintain their performance.

Swiss Medical Network recorded a turnover of CHF 768.7 million, with a slight organic growth of 0.3%. However, EBITDAR decreased by 24.1% compared to the previous year. Optimization measures are already in place for 2024, aimed at improving profitability. MRH Switzerland, for its part, reached a turnover of CHF 170.5 million, an increase of 10.3%.

The group has also strengthened its real estate portfolios, with an increase in the value of its hotel and hospital real estate portfolio. Financially, AEVIS recorded a consolidated turnover of CHF 953.0 million, a decrease mainly due to the deconsolidation of the Réseau de l'Arc. The Board of Directors will not propose a distribution at the Annual General Meeting.

Management changes are planned with the arrival of Fabrice Zumbrunnen as CEO and Michel Keusch as CFO and CIO. For the year 2024, AEVIS is focused on improving profitability in the hotel industry and stabilizing costs in the healthcare sector while continuing to invest in innovative projects.