NZZ Group with strong 2006 results
The NZZ Group closes 2006 with a greatly improved result. Compared to the previous year, the Zurich-based publishing house achieved a plus of CHF 17.7 million and posted income of CHF 31.3 million.
The NZZ Group closes 2006 with a greatly improved result. Compared to the previous year, the Zurich-based publishing house achieved a plus of CHF 17.7 million and posted income of CHF 31.3 million.
Total operating income increased by 5 percent to CHF 505 million, as reported by the SDA news agency on Friday. The operating result increased from CHF 8.9 million to CHF 25.4 million, the best result since 2000. In particular, the NZZ division was able to significantly increase its earning power. NZZ am Sonntag clearly exceeded the break-even point after five years of existence. With a slight increase in turnover from CHF 207.8 million to CHF 217 million, the division's operating result improved from CHF -5.4 million to CHF +9.3 million. By contrast, the Group's headcount fell by 67 to 1,714 employees.
The NZZ Group includes the two business divisions NZZ and the holdings in regional publishers combined in Freie Presse Holding (FPH), including Neue Luzerner Zeitung and St. Galler Tagblatt.
Total operating income increased by 5 percent to CHF 505 million, as reported by the SDA news agency on Friday. The operating result increased from CHF 8.9 million to CHF 25.4 million, the best result since 2000. In particular, the NZZ division was able to significantly increase its earning power. NZZ am Sonntag clearly exceeded the break-even point after five years of existence. With a slight increase in turnover from CHF 207.8 million to CHF 217 million, the division's operating result improved from CHF -5.4 million to CHF +9.3 million. By contrast, the Group's headcount fell by 67 to 1,714 employees.
The NZZ Group includes the two business divisions NZZ and the holdings in regional publishers combined in Freie Presse Holding (FPH), including Neue Luzerner Zeitung and St. Galler Tagblatt.
