EQS-Adhoc: BB Biotech AG closes the 2024 fiscal year with a profit

EQS-Ad-hoc: BB BIOTECH AG / Key word(s): Annual Results
BB Biotech AG closes the 2024 fiscal year with a profit

24-Jan-2025 / 07:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


Ad hoc announcement pursuant to Art. 53 LR

January 24, 2025

BB Biotech AG closes the 2024 fiscal year with a profit

In accordance with regulations on ad hoc publicity, BB Biotech AG (ISIN CH0038389992) is releasing the following information:

Based on its preliminary unaudited consolidated figures, BB Biotech AG reports a profit of approximately CHF 76 million for the financial year 2024 (loss of CHF 207 million in the previous year). For an investment company, the results reflect the share price development of the companies held in the portfolio.

The publication of all relevant portfolio data will take place on January 24, 2025 at 7:00am and the complete annual report will be published on February 21, 2025.


For further information:
Bellevue Asset Management AG
Theaterstrasse 12, 8001 Zurich, Switzerland, tel. +41 44 267 67 00


Head Investment Management Team BB Biotech
Dr. Christian Koch

Investor Relations
Dr. Silvia Siegfried-Schanz, ssc@bellevue.ch
Maria-Grazia Alderuccio, mga@bellevue.ch
Claude Mikkelsen, cmi@bellevue.ch

Media Relations
Tanja Chicherio, tch@bellevue.ch

 

www.bbbiotech.com

 

Company profile  
BB Biotech AG is an investment company with its registered office in Schaffhausen/Switzerland and listed on the Swiss and German stock exchanges. It has invested in innovative drug developers headquartered primarily in the US and Western Europe. BB Biotech is one of the world's largest investors in this sector. The competent Board of Directors with its long-standing experience set the investment strategy and guidelines. Investment decisions are taken by the experienced investment management team of Bellevue Asset Management AG based on their extensive investment research.



End of Inside Information

24-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: BB BIOTECH AG
Schwertstrasse 6
8200 Schaffhausen
Switzerland
Phone: +41 52 624 08 45
E-mail: info@bbbiotech.com
Internet: www.bbbiotech.ch
ISIN: CH0038389992
WKN: A0NFN3
Listed: Regulated Market in Frankfurt (Prime Standard); Mailand, SIX
EQS News ID: 2073701

 
End of Announcement EQS News Service

2073701  24-Jan-2025 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2073701&application_name=news&site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!