February 15, 2018 / 5:59 AM / 3 months ago

BRIEF-Banque Cantonale Vaudoise FY Net Profit Up 3 Pct At CHF 320 Million

Feb 15 (Reuters) - Banque Cantonale Vaudoise:

* FY 2017 OPERATING PROFIT INCREASED 1% TO CHF 387M, AND NET PROFIT ROSE 3% TO CHF 320M

* BOARD OF DIRECTORS WILL PROPOSE AN ORDINARY DIVIDEND OF CHF 23 PER SHARE AND A SPECIAL DISTRIBUTION OF CHF 10 PER SHARE OUT OF PAID-IN RESERVES

* FY TOTAL REVENUES WERE STABLE AT CHF 967M

* FY 2018 RESULTS ARE EXPECTED TO TREND ALONG THE SAME LINES AS IN PRIOR YEARS

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Further company coverage: (Gdynia Newsroom)

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