11 April 2017
Successful 2016 annual result for the Aduno Group
The Aduno Group, Swiss specialist for cashless payment, had a successful financial year in 2016. Turnover for the cards business improved substantially thanks to higher transaction volumes in Issuing and Acquiring. The personal credit business held up well in a challenging environment. The good business performance and a one-off extraordinary contribution pushed the profit to a record level. The sound equity base provides a foundation for further growth.