Black zero for the AZ Medien Group
Regional Press: The AZ Medien Group generated a net profit of only 600,000 francs in fiscal year 2002.
Regional press The AZ Medien Group made a net profit of only CHF 600,000 in the 2002 financial year, compared with a profit of CHF 8.6 million in 2001. The decline must be
The AZ Medien Group writes that this should be seen in the context of extraordinary depreciation and extraordinary expenses. At CHF 198.4 million, operating income was only two percent below the previous year's result. However, the ordinary operating result was more than halved, it continues. The downturn in the
advertising expenditure, which had accelerated in the second half of the year, most of the divisions were
been influenced.
The AZ Medien Group writes that this should be seen in the context of extraordinary depreciation and extraordinary expenses. At CHF 198.4 million, operating income was only two percent below the previous year's result. However, the ordinary operating result was more than halved, it continues. The downturn in the
advertising expenditure, which had accelerated in the second half of the year, most of the divisions were
been influenced.
