Half-year Report 2019
- Strong growth momentum in advertising revenues in Switzerland.
- Margin decline due to higher concession fees for strategic contracts.
- Further expansion of the digital service portfolio.
- New agile structures for digitalization, data and innovation.
In brief
– Advertising revenues in Switzerland rise by 5.4% to CHF 145.0 million.
– Currency-related decline of −2.8% in advertising revenues in Serbia
– EBITDA margin: 19.4% (prior-year period: 24.1%)
– EBIT margin: 16.0% (prior-year period: 19.5%)
– Drop in consolidated net income of 14.8%
Contact
APG|SGA Media Office
Giesshübelstrasse 4, 8045 Zurich, T+41 58 220 70 71, media@apgsga.ch