Die wirtschaftlichen Rahmenbedingungen zeigten sich 2020 äusserst anspruchsvoll. Die Covid-Pandemie hinterliess nicht nur beim Bruttoinlandprodukt deutliche Spuren, sondern führte auch auf den Finanzmärkten zwischenzeitlich zu spürbaren Verwerfungen. Zudem verharrten die Zinsen auf sehr tiefem Niveau. Aufgrund des herausfordernden Umfeldes reduzierte sich der Geschäftserfolg um CHF 8.2 Mio. auf 113.4 Mio. Mit einer
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