An announcement from Vaudoise Assurances Holding SA ( (CH:VAHN) ) is now available.
The Vaudoise Insurance Group reported a strong financial performance for 2024, with a consolidated profit of CHF 147 million and a revenue increase of 4.2% to CHF 1,436.4 million. The company plans to increase dividends and share profits with non-life customers, reflecting its robust growth and stable financial health. The group’s strategic focus on investment management and market diversification has resulted in a solid equity increase and a high Swiss Solvency Test ratio, positioning it well for future challenges and stakeholder benefits.
More about Vaudoise Assurances Holding SA
Vaudoise Insurance is one of the ten largest private insurers in Switzerland, focusing on providing a range of insurance products including motor vehicle, property, liability, and personal insurance. The company has a significant market presence, particularly in the German-speaking region of Switzerland, where it generates a substantial portion of its premiums.
Technical Sentiment Signal: Sell
Current Market Cap: €1.73B
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