May 8, 2020 / 4:39 AM / a month ago

BRIEF-HBM Healthcare Investments Says Reports Profit Of CHF 183 Million For 2019/2020 FY

May 8 (Reuters) - HBM Healthcare Investments AG:

* HBM HEALTHCARE INVESTMENTS SAYS REPORTS PROFIT OF CHF 183 MILLION FOR 2019/2020 FY; INCREASE OF PROPOSED CASH DISTRIBUTION TO CHF 7.70 PER SHARE

* CO SAW 14% INCREASE IN NET ASSET VALUE (NAV) PER SHARE IN 2019/2020 FINANCIAL YEAR

* HAS A CURRENCY HEDGE OF USD 600 MILLION AGAINST SWISS FRANCS CREATED THROUGH FORWARD SALES IN MARCH. Further company coverage:

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