LZ Medien increases consolidated earnings
In 2005, LZ Medien's turnover increased by CHF 10 million to CHF 134.2 million compared to the previous year.
The positive result of the subsidiary LZ Medien Holding has already been announced in the NZZ balance sheet, and now the company is providing the figures for the successful year: turnover in 2005 rose by 10 million to 134.2 million francs compared to the previous year. Profit also increased by 18.9 percent compared to 2004, which corresponds to 11.8 million francs. The sales growth is mainly due to the sales of the new Calendar segment (11.5 million), the company wrote in a press release on Monday. However, advertising revenue fell by 5.4 percent to 45.7 million. Subscription and newsstand revenues also fell by 1 percent. Commercial and newspaper printing, on the other hand, continued to grow by 2.7 percent to 33.9 million. Shareholders' equity also increased from 77.2 million Swiss francs to 85.2 million. LZ Medien employed more staff in 2005 than in the previous year: 499 people shared 418 jobs, compared to 475 in 2004.
