01.12.2022 - Further property sales at Valiant

Ad hoc announcement pursuant to Art. 53 LR

Further property sales at Valiant

Valiant has sold off more of its properties.

Valiant has sold several properties in Schöftland and Steffisburg. The CHF 25.2 million in proceeds from the sales have been allocated to the reserves for general banking risks in order to strengthen Valiant’s capital position.

Stable business trend expected
Valiant has a solid capital and liquidity base and a robust business model. 2022 full-year net profit is expected to be slightly above the prior-year figure.

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