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VZ Ad hoc announcement pursuant to Art . 53 LR Source : VZ Holding Ltd / SIX : VZN / ISIN : CH0528751586 VZ Group's growth above average Zug , 14 August 2026 – VZ Group's total revenues rose by 13.9 percent to 316.5 million Swiss francs in the first half of 2026. Net profit grew by 17.7 percent to 131.9 million francs . Giulio Vitarelli , Chairman of the Executive Board , expects growth rates in the second half of the year to be similar to those in the first half . Revenues up 13.9 percent , profit up 17.7 percent The positive performance of the stock markets contributed to VZ Group's business growing at an above - average rate in the first half of 2026. Total revenues rose by 13.9 percent from 277.9 to 316.5 million Swiss francs . An important proportion thereof is attributable to revenues from assets under management , which rose by 18.2 percent to 216.6 million francs . As expenses increased at a slower rate than revenues in the first half of the year , net profit grew by 17.7 percent , from 112 to 131.9 million francs . Demand remains strong Compared with the first half of 2025 , the strong demand for financial advice was reflected in a rise in consulting fees of 6.7 percent . On a net basis , VZ Group was able to convert more than 5,100 new clients from consulting projects to its platform services . At the same time , existing clients are also using increasingly more platform services . As a result , net new money rose from 3 to 3.3 billion francs compared with the same period last year . Assets under management rose by 19.8 percent to 67.7 billion francs over the same period . Robust balance sheet The low - risk structure of the group's balance sheet remains unchanged . As at 30 June , the combined common capital ratio stood at 28.4 percent . Since the end of the year , the balance sheet has grown by around 500 million francs , from 8.3 to 8.8 billion francs . This growth is primarily attributable to the expansion of the client base .