Net result attributable to ordinary shareholders dropped from a profit of CHF339m for FY2016 to a loss of CHF60m for FY2017. 2016 was influenced by some one-off effects such as the CHF531m contribution from the “IFRS bargain gain” on the BSI acquisition, subject to the final purchase price adjustment process. EFG said that the underlying net profit was CHF165m in FY2017 compared to CHF91m in FY2016. BSI’s figures were consolidated from November 2016 onwards. Operating income
28 Feb 2018
Disappointing loss for 2017 strongly influenced by BSI integration
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Disappointing loss for 2017 strongly influenced by BSI integration
EFG International AG (0QJX:LON) | 634 0 0.0% | Mkt Cap: 1,981m
- Published:
28 Feb 2018 -
Author:
Dieter Hein -
Pages:
2
Net result attributable to ordinary shareholders dropped from a profit of CHF339m for FY2016 to a loss of CHF60m for FY2017. 2016 was influenced by some one-off effects such as the CHF531m contribution from the “IFRS bargain gain” on the BSI acquisition, subject to the final purchase price adjustment process. EFG said that the underlying net profit was CHF165m in FY2017 compared to CHF91m in FY2016. BSI’s figures were consolidated from November 2016 onwards. Operating income