Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. VP Bank AG
  6. News
  7. Summary
    VPBN   LI0315487269

VP BANK AG

(VPBN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

VP Bank Ladies Open: VP Bank supports women's golf at the highest level

04/24/2019 | 05:28am EDT

VP Bank became the patron for this high-level tournament two years ago and has acted as the title sponsor ever since. The sport of golf is central to the bank's international sponsorship activities and is an ideal means for the bank to position itself as a first-class financial institution and reliable partner.

Involvement in the golf tournament and its already-existing partnerships with the Gams-Werdenberg and Bad Ragaz Golf Clubs enable VP Bank to underscore its long-term commitment to the sport of golf. 'Our sponsorship of professional women's golf not merely makes it possible to stage a high-quality golf tournament in our domestic region. It also serves to nurture up-and-coming talent and offers international junior golfers an opportunity to demonstrate their ability to join the professional league,' says Christoph Mauchle, member of the Group Executive Management at VP Bank Group. This means VP Bank's commitment to golf fits neatly with the VP Bank Classic Festival, which aims to promote emerging musical talent.

Gold for a hole in one - sponsored by VP Bank

A special feature awaits the players at the 3rd hole. A prize of a 50-gram gold bar worth around CHF 2,000 will be awarded for each hole in one. The gold bars are sponsored by VP Bank. 'We want to reward particularly impressive performances with an exceptional prize - for this reason, VP Bank will be donating a gold bar for each hole in one achieved during the three days of the tournament. We are looking forward to seeing whether and who manages to strike this gold,' says Christoph Mauchle. In professional tournaments there is usually only one prize for the first to achieve an ace in an event.

To boost the attractiveness of the tournament for players even further, the total prize money has been increased to EUR 45,000. As a world golf première, a new format has been introduced by tournament founder Guido Mätzler. On the first two days, stroke play will decide the 48 players who will take part in the final rounds on Sunday. Victory in the tournament will then be decided over three rounds in match play on Sunday. Ever since it was founded, the VP Bank Ladies Open in Gams has been one of the most popular tournaments in the Ladies European Tour Access Series (LETAS). This year around 130 players from 29 nations will be taking part in the tournament.

Disclaimer

VP Bank AG published this content on 24 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 April 2019 09:27:02 UTC


© Publicnow 2019
All news about VP BANK AG
04/14VP BANK CORONA-CRISIS-BAROMETER : Activity level declines
PU
04/14VP BANK  : Vaccination progress sets the pace
PU
04/13VP BANK  : appoints Pamela Hsu Phua as CEO of VP Bank Asia and reinforces its co..
PU
04/13Volkswagen wage deal with IG Metall union
RE
04/13German investor morale falls in April on lockdown fears, ZEW says
RE
04/07VP BANK  : From cash to digital euro
PU
04/01VP BANK  : Stocks for the post-Covid economic upswing
PU
03/31EQUITY STORY : VP Bank - Seize opportunities
PU
03/31VP BANK  : once again receives “Risk Indicator 1” top rating
PU
03/30VP BANK CORONA-CRISIS-BAROMETER : Fourth (regional) wave of infection shows firs..
PU
More news
Financials
Sales 2021 327 M 355 M 355 M
Net income 2021 52,5 M 57,0 M 57,0 M
Net Debt 2021 - - -
P/E ratio 2021 13,6x
Yield 2021 4,37%
Capitalization 720 M 783 M 782 M
Capi. / Sales 2021 2,21x
Capi. / Sales 2022 2,11x
Nbr of Employees 917
Free-Float 46,5%
Chart VP BANK AG
Duration : Period :
VP Bank AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VP BANK AG
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 145,50 CHF
Last Close Price 119,00 CHF
Spread / Highest target 34,5%
Spread / Average Target 22,3%
Spread / Lowest Target 10,1%
EPS Revisions
Managers and Directors
NameTitle
Paul Arni Chief Executive Officer
Roger Barmettler Chief Financial Officer
Thomas Roland Meier Chairman-Supervisory Board
Andreas Benz Head-Group Information Technology
Urs Monstein Chief Operating Officer
Sector and Competitors