St. Galler Tagblatt Medien: Declining revenues in the second half of the year

St. Galler Tagblatt Medien considers last year's business results to be respectable in view of the financial market crisis. The operating result in the middle of the year clearly exceeded the previous year's period, but then declined significantly in the second half of the year. Total operating income fell by 5% to 141.4 million francs. Operating earnings before interest and taxes fell by 25% to CHF 8.3 million.
Costs for projects such as Radio FM1, the online platform Tagblatt.ch and a new newspaper concept could have been compensated for with consistent cost management, according to a press release from St. Galler Tagblatt Medien.