January 24, 2020 / 6:47 AM / a month ago

BRIEF-VP Bank FY Operating Earnings Up At CHF 328 Million

Jan 24 (Reuters) - VP BANK AG:

* FY OPERATING EARNINGS ROSE BY SOME 13 PER CENT TO REACH AROUND CHF 328 MILLION

* VP BANK GROUP IS EXPECTING SIGNIFICANTLY HIGHER GROUP FY NET INCOME OF AROUND CHF 74 MILLION, WHICH COMPARES WITH CHF 54.7 MILLION IN PREVIOUS YEAR

* AUM INCREASED AS AT 31 DECEMBER 2019 BY AROUND 15 PER CENT TO REACH SOME CHF 47.6 BILLION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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