VIG switches from full consolidation of non-profit societies to equity method following regulatory changes
(World News Austria)

- Management confirms 2019 targets - Net profit expectation and dividend policy remain unchanged Since September 2016, the VIG majority-owned non-profit housing societies have been fully consolidated in the Group financial statements. In the meantime, the legal situation has changed, particularly due to the amendment of the Austrian Non-Profit Housing Act (Wohnungsgemeinnützigkeitsgesetz - WGG...