• Net profit attributable to shareholders increased by 29% to CHF291m due to a positive one-off tax effect • The switch from tax expenses to a tax credit (income) in H1 19 is attributable to the effects of Switzerland’s cantonal tax reform • Helvetia benefitedfrom the favourable financial markets in H1 19
29 Aug 2019
H1 earnings pushed by positive tax one-off
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H1 earnings pushed by positive tax one-off
• Net profit attributable to shareholders increased by 29% to CHF291m due to a positive one-off tax effect • The switch from tax expenses to a tax credit (income) in H1 19 is attributable to the effects of Switzerland’s cantonal tax reform • Helvetia benefitedfrom the favourable financial markets in H1 19