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Letter to Shareholders / Annual Report 2024
[Ad hoc announcement pursuant to Art. 53 LR] Significant increase in consolidated net income. Slight rise in advertising revenues amid a challenging environment. Targeted expansion of the digital portfolio. Dividend of CHF 12 per share for the 2024 financial year. Recommended dividend distribution of 100% of consolidated net income for the financial years 2025 and 2026, with a minimum dividend of CHF 12 per share.
In brief
- Advertising revenues in Switzerland increase by 0.2% to CHF 311.8 million
- Advertising revenues in Serbia increase by 5.6% to CHF 15.2 million
- EBITDA margin: 13.9% (previous year: 12.8%)
- EBIT margin: 11.0% (previous year: 9.7%)
- Consolidated net income of CHF 30.3 million, increase of 12.9% (previous year: CHF 26.8 million)
- Free cash flow of CHF 37.3 million, increase of 19.2% (previous year: CHF 31.3 million)
