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V-Zug Reports Higher H1 Group Net Result, Net Sales

MT Newswires·07/22/2026 00:50:46
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12:50 AM EDT, 07/22/2026 (MT Newswires) -- V-Zug (VZUG.SW) on Wednesday reported that its group net result and net sales increased year over year in the first half. Group net result for the six months ended June 30 was 6.9 million francs, compared with 1.6 million francs earlier. EPS moved to 1.08 francs from 0.25 franc. The Swiss household appliance manufacturer's net sales were 284.5 million francs, compared with 271.2 million francs a year ago. Looking ahead, the group expects positive business performance in the second half of 2026. It also affirmed its medium-term targets, including a 3% average annual sales growth and a 10% profitability.