Decline in earnings at St. Galler Tagblatt Medien
The St. Galler Tagblatt Medien publishing group reported total revenue of 129 million francs in 2005. This represents a 3.4 percent decline compared with the previous year.
The publishing house St. Galler Tagblatt Medien achieved total revenues of 129 million francs in 2005. This corresponds to a decline of 3.4 percent compared to the previous year. The Group result of the Eastern Swiss media house was influenced by the falling volume of advertisements.
Compared to the previous year, the Group result fell by 18 percent to CHF 6.6 million, as reported by the St. Galler Tagblatt in its Friday edition. Retained earnings amounted to 3.4 million francs, compared to 7.3 million francs in the previous year. A dividend of 33 francs per share will be distributed.
The General Meeting of St. Galler Tagblatt Medien elected Alfred Hümmerich, member of the NZZ Group Management, to the Board of Directors on Thursday. He replaces Jean-Philippe Rickenbach, who stepped down from the Board of Directors of St. Galler Tagblatt Medien in spring 2005 for health reasons.
Compared to the previous year, the Group result fell by 18 percent to CHF 6.6 million, as reported by the St. Galler Tagblatt in its Friday edition. Retained earnings amounted to 3.4 million francs, compared to 7.3 million francs in the previous year. A dividend of 33 francs per share will be distributed.
The General Meeting of St. Galler Tagblatt Medien elected Alfred Hümmerich, member of the NZZ Group Management, to the Board of Directors on Thursday. He replaces Jean-Philippe Rickenbach, who stepped down from the Board of Directors of St. Galler Tagblatt Medien in spring 2005 for health reasons.
