PubliGroupe increases sales
PubliGroupe increased its revenue by 4.2 percent to 1,074.4 million Swiss francs in the first half of 2007. Earnings before interest and taxes totaled 34.8 million Swiss francs as of the end of June.
PubliGroupe increased its sales by 4.2 percent to CHF 1,074.4 million in the first half of 2007. Earnings before interest and taxes amounted to CHF 34.8 million at the end of June. The improved result is attributable to the slightly higher advertising volume in the Swiss press, as well as the positive business development in the international markets and in the electronic media. In the electronic media segment, the Group recorded very significant growth of 61.6%. This was mainly due to the integration of Radiotele, which has only been part of PubliGroupe since June 2006 and which generated sales of CHF 18.5 million. For the second half of 2007, PubliGroupe is expecting more sustained growth in sales compared with the first six months, thanks to the catch-up potential of PubliDirect and Cinecom.
