Interview CEO/CFO

A positive result

The first six months of 2015 are over. How would you sum up the year so far?

Martin Huldi: The year began with a truly seismic event – the scrapping of the EUR-CHF currency floor – which ushered in some challenging conditions. Given this, our turnover and improved result have to be regarded as very good. I personally am pleased that we've increased the number of issued cards, because that will bring in future turnover. And, last but not least, the Aduno Group has also made progress with its strategic innovation projects. So, overall, it's been positive so far.

And what is the CFO's conclusion?

Conrad Auerbach: We haven't been able to repeat the high growth rates we enjoyed over the past few years. Nevertheless, we should actually be satisfied with our performance given the negative currency environment. If we compare ourselves with other companies or other industries, then we're in very good shape. > More

At a glance

Continued growth


Swiss francs

With the average euro/franc exchange rate down 13.8 per cent year on year in the first half of 2015, the Group's result can be regarded as highly satisfactory.



Headcount continues to rise, up by nearly 50 per cent within the past five years. Staff in the Aduno Group once again showed great dedication in the first half of 2015.


A successful start

The Aduno Group posted moderate growth year on year thanks in equal measure to its Payment and Consumer Finance business segments. Payment increased the number of cards issued by over 3 per cent, while Consumer Finance saw strong growth in the credit business despite a declining market overall. > More


A challenging environment

The Aduno Group faced a demanding economic environment in the first half of 2015. The scrapping of the euro/franc floor burdened both the card business and the credit business. The low interest rate environment was used to float two bonds, which will reduce the Group's financing costs. > More