REYL Group reported a strong increase in first half consolidated results as compared to 30 June 2016. Net of consolidation adjustments, Operating Income reached CHF 57.2 million (+21.4%), Operating Result CHF 12.3 million (+100.8%) and Profit CHF 10.3 million (+152.4%). During the same period, Assets under Management also increased by 15.7% to reach CHF 13.5 billion.
The improvement resulted from good performance in most business lines, notably Asset Management, Wealth Management and Corporate Advisory & Structuring. These results come about in a still challenging environment for the banking sector despite more favourable market conditions in the first semester.
Half-year results as of 30.06.2017: http://www.reyl.com/groupe/publications.html