Espace with profit despite operating decline
Financial Statements: Espace Media Groupe increased its consolidated net income for 2003 by 2.8 percent to 23.2 million francs.
Balance sheets Espace Media Groupe increased its consolidated profit in 2003 by 2.8 percent to 23.2 million francs, thanks to favorable influences in the non-operational area, as the Bern-based media group announced. The operating result (EBIT) fell by 10.8 percent to 22 million francs, sales by 5.9 percent to 219.2 million francs. At the same time, operating expenses fell by 5.4 percent. The detailed annual report will be published at the end of May.
