BRIEF-Valartis Group posts IFRS H1 loss of 46.5 mln Swiss francs

August 30, 2016 5:14 AM

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* First half-year 2016 for Valartis Group shows a loss of 46.5 million Swiss francs ($47.44 million) (H1 2015: group loss of 21.4 million Swiss francs)

* H1 loss from continued operations was reduced to -7.5 million Swiss francs (H1 2015: -11.1 million Swiss francs) due to lower value adjustments, provisions and losses (from -5.1 million Swiss francs for first half-year 2015 to -0.2 million Swiss francs for first half-year 2016)

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