VZ Group records 9.9% revenue growth

VZ Group announced a 9.9% increase in revenue for the first half of 2025, reaching CHF 277.9 million. Net profit increased by 9.0% to CHF 112.0 million. However, low interest rates could hamper overall annual growth, according to Giulio Vitarelli, Chairman of the Board of Directors.

In a challenging economic environment, VZ saw growth in almost all of its revenue components, with the exception of interest income, which fell 28.8% to CHF 23.3 million. Fee income climbed 13.8%, thanks to sustained demand for pension and inheritance advice.

The group's total assets also increased, reaching CHF 8.0 billion, mainly due to an increase in customer assets. The combined equity ratio reached 28.4%, supporting the company's financial strength.