04/16/2024 | Press release | Distributed by Public on 04/15/2024 23:01
UBS today has published restated historical segment-level financial data reflecting the changes to the Group's segment financial reporting announced on 6 February 2024.
Zurich, 16 April 2024 - UBS today has published restated historical segment-level financial data reflecting the changes to the Group's segment financial reporting announced on 6 February 2024. These changes improve the consistency of reporting across the Group and provide details around funding and cost allocation methodologies. The changes include:
These changes have no impact on the Group's financial performance and will be reflected in the first quarter results published on 7 May 2024.
The time series of financial information for UBS and its business divisions can be found at www.ubs.com/timeseries including restated financial information for 2023 to aid comparability along with an accompanying presentation. The numbers contained in these updated time series are unaudited.
UBS Group AG
Cautionary statement regarding forward-looking statements
This document contains statements that may constitute forward-looking statements. While these statements represent UBS's judgments and expectations concerning the matters described, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from UBS's expectations. Additional information about those factors is set forth in documents furnished and filings made by UBS with the US Securities and Exchange Commission, including the Annual Report on Form 20-F for the year ended 31 December 2023. UBS undertakes no obligation to update the information contained herein.
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