Home » News » Annual Report: Total Sales More Than Doubled Despite Heavy Pandemic Impact, Restaurant Lux Falls Short in Expectations

Annual Report: Total Sales More Than Doubled Despite Heavy Pandemic Impact, Restaurant Lux Falls Short in Expectations

Total sales more than doubled to CHF 17.1 million compared to the previous year. According to the annual report of the operating company, the first half of the year was still heavily impacted by the effects of the corona pandemic. Larger events could only have taken place from May.

Restaurant Lux still below expectations

In gastronomy, sales tripled to CHF 10.3 million. However, the new restaurant Lux could not quite meet the high expectations, it is said. Earnings from the events doubled to CHF 5.8 million.

The bottom line was a loss of CHF 2.5 million after a deficit of CHF 5.3 million in the previous year. According to the report, the loss was slightly smaller than budgeted. In the current financial year, the focus will continue to be on the implementation of the restructuring plan. A return to normal operations is expected from 2024.

2023-05-31 07:27:51
#Kongresshaus #Zurich #loss

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