Basler Zeitung Medien with slight decline in sales
Basler Zeitung Medien (BZM) reported revenue of 203.8 million francs last year. This represents a slight decline from the 206.8 million francs reported in 2010.
The company reports a balanced operating result. However, the formation of a one-time provision for the pension funds resulted in a consolidated loss of eight million francs as of December 31, 2011, Chairman of the Board of Directors Filippo Leutenegger announced on Monday.
