Swiss Life: 5% increase in H1 net profit.
(CercleFinance.com) - Going against the bullish SMI, the Swiss Life stock is down 0.
9% in Zurich today; after the insurer published H1 adjusted profit from operations and net profit that were up 5% at 763 million Swiss francs and 524 million Swiss francs respectively.
Patrick Frost, CEO of the Swiss Life Group said “We managed to further strengthen our earnings power and, in particular, to expand our fee business.”
He continued, saying, “We are ahead of schedule in implementing our Group-wide programme 'Swiss Life 2018' and the sustained and consistent orientation of our business towards profitability and capital efficiency.”
Copyright (c) 2017 CercleFinance.com. All rights reserved.
9% in Zurich today; after the insurer published H1 adjusted profit from operations and net profit that were up 5% at 763 million Swiss francs and 524 million Swiss francs respectively.
Patrick Frost, CEO of the Swiss Life Group said “We managed to further strengthen our earnings power and, in particular, to expand our fee business.”
He continued, saying, “We are ahead of schedule in implementing our Group-wide programme 'Swiss Life 2018' and the sustained and consistent orientation of our business towards profitability and capital efficiency.”
Copyright (c) 2017 CercleFinance.com. All rights reserved.