Goldbach Group with stable sales
The advertising agency Goldbach was able to maintain its revenue in 2012 thanks to its continued strong performance in television and radio advertising. At 445 million Swiss francs, revenue remained virtually unchanged from 2011. Online and mobile advertising, on the other hand, are on the decline.
"It is once again confirmed that the advertising industry prefers proven forms of advertising in economically difficult times," company CEO Klaus Kappeler was quoted as saying in Tuesday's communiqué. Sales of online advertising also slumped by 18 percent. Goldbach sells online advertising in Switzerland, Austria and parts of Eastern Europe and the former Yugoslavia.
At CHF 62 million, however, the online division accounts for less than 15 percent of the Goldbach Group's total sales. The company, which is based in Küsnacht on Lake Zurich, continues to generate four-fifths of its sales from the placement of radio and TV advertising in Switzerland, Austria and Romania.
In Switzerland, Goldbach markets, among other things, the advertising windows of the German TV stations Sat1, ProSieben and RTL, but also the private TV station 3+ and numerous local radio stations. Sales generated with radio and TV advertising rose by 4 percent in 2012 to CHF 352 million. In the third division, which comprises conceptual and technological services for advertising on the Internet and mobile devices, sales fell 3 percent to CHF 38 million.
Goldbach expects that the convergence of television and interactive mobile communications, which can currently be observed, should cause demand for services in the Internet area to rise again. In addition, the decline in revenues from online advertising has already slowed significantly in the second half of the year. Goldbach will publish its earnings figures at the beginning of March. (SDA)














