SRG: Roger de Weck forecasts "deep red figures"
Due to the pension fund, SRG will once again post «deeply negative» results «in the fiscal year in which the corresponding provisions are set aside.» Roger de Weck made this statement in an interview with the NZZ published on Tuesday.
The time for the planned switch from the defined benefit plan to the defined contribution plan and the reduction of the technical interest rate will come "soon", said de Weck. According to Simone Wölfli, SRG Corporate Communications employee, it is ultimately the committees of both social partners that will decide on the costs and timing of the changeover. The reduction in the interest rate from 4 to a foreseeable 3.25 percent will cost "sums of money", CEO de Weck told the NZZ. However, the pension fund is no longer underfunded. "SRG has restructured it under its own steam."
Today, national broadcasting is also financially challenged by IT and real estate, said de Weck. "IT is the biggest problem of my time in office." In the past, radio and television were operated with equipment, today with software. For years to come, SRG will therefore be an IT construction site with "brutal transformation costs". Nevertheless, according to de Weck, SRG will break even on average over the next five years. In order to achieve this goal, the company intends to further increase productivity in line with its new corporate strategy and tap into new sources of income wherever possible.(SDA)
