June 22, 2020 / 4:10 PM / 16 days ago

BRIEF-Bellevue Group Provides Correction Of Net Profit 2019 From CHF 11.4 Mln To CHF 14 Mln

June 22 (Reuters) - Bellevue Group AG:

* : CORRECTION OF NET PROFIT 2019 FROM CHF 11.4 MN TO CHF 14.0 MN

* SAYS DETERMINED THAT PERSONNEL EXPENSES WERE OVERSTATED DUE TO INCORRECT ACCOUNTING ACCRUAL IN FINANCIAL YEAR 2019

* ADJUSTMENT HAS NO IMPACT ON CASH FLOWS, DIVIDEND POLICY, EFFECTIVE COMPENSATION OR CONTRIBUTIONS TO COMPANY’S PENSION FUND

* DISCLOSURE OF ADJUSTMENT WILL BE MADE IN HALF-YEAR REPORT 2020

* BELLEVUE - CORRECTION WILL INCREASE NET PROFIT AFTER TAX IN 2019 BY CHF 2.6 MN TO CHF 14.0 MN AND SHAREHOLDERS’ EQUITY BY CHF 2.6 MN TO CHF 198 MN Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below