Goldbach Media: Half-year profit almost doubled
Goldbach Media almost doubled its profit in the first half of 2010 compared to the same period last year. The advertising marketer posted a net profit of CHF 3.1 million, an increase of 92.8 percent.
The operating profit EBIT increased by 16.6 percent to CHF 7.1 million. Sales improved by 8.5 percent to CHF 151.2 million, as the company, which is active in the advertising marketing of electronic, interactive and mobile media, announced on Friday.
Both the offline and online segments grew by 8.5% each. Online contributed 39 percent to sales and offline 61 percent. International business accounted for 23 percent of net sales and 5 percent of EBIT, the report continued. The impact of currency effects on sales and EBIT was
marginal.
For 2010 as a whole, the company continues to anticipate profitable growth and a significant increase in EBIT compared to the previous year.
www.goldbachmedia.com
www.sda.ch
Both the offline and online segments grew by 8.5% each. Online contributed 39 percent to sales and offline 61 percent. International business accounted for 23 percent of net sales and 5 percent of EBIT, the report continued. The impact of currency effects on sales and EBIT was
marginal.
For 2010 as a whole, the company continues to anticipate profitable growth and a significant increase in EBIT compared to the previous year.
www.goldbachmedia.com
www.sda.ch
