Mar 29, 2019 / 09:00AM GMT
Operator
Dear ladies and gentlemen, welcome to the conference call of AEVIS VICTORIA SA.
At our customer's request, this conference will be recorded. (Operator Instructions)
May I now hand you over to Antoine Hubert, who will lead you through this conference. Please go ahead.
Antoine Hubert - Aevis Victoria SA - Delegate of the Board
Yes, hello, everybody. Welcome to the Annual Report Conference Call. And I will present to you in detail the strategy and the result of the company.
Highlights for 2018. So we made CHF 70.5 million net profit on the AEVIS holding level. This profit is not reflected in the consolidated accounts because it's the sale of a minority stake in Infracore. We will increase the distribution from CHF 0.55 to CHF 1.10 for '18. So this distribution will be proposed to the general shareholder meeting in May and distribution will occur on 2nd of July 2019. And this sale has made visible the net asset value of Infracore, CHF 432.5 million. And Infracore has capital of 10 million share. We sold 2 million share to Baloise at a
Full Year 2018 Aevis Victoria SA Earnings Call Transcript
Mar 29, 2019
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