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SIX Group reports 1bn Swiss franc loss after Worldline, BME stakes tank

SIX Group reports 1bn Swiss franc loss after Worldline, BME stakes tank
Photo: Pascal Mora/Getty Images

SIX Group has reported a loss of more than 1bn Swiss francs ($1.14bn)  for 2023, after taking a hit on its interests in payment provider Worldline and subsidiary BME group.

The bulk of the loss came from SIX’s 10.5% stake in Worldline. The payment provider's stock has plunged more than 70% over the past 12 months, costing the Swiss exchange CHF862m.

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