TeleTicino increases sales by 25 percent

2005 was a record year for TeleTicino, as the Ticino regional television company announced. Revenues and expenses of CHF 5.2 million were recorded, EBIT of CHF 101,000 and a cash flow of CHF 397,520, the latter of which was used entirely for depreciation. Compared to the previous year, turnover increased by 25 percent. This is partly due to the 17% increase in advertising and sponsorship income and partly to the 50% increase in the fee split allocated by Bakom. According to the press release, this share of fees thus reached 25 percent of operating costs, as stipulated by the applicable law. The additional income was mainly used to improve the broadcasting program and the technical infrastructure, as TeleTicino announced. In addition, the 13th monthly salary was introduced for all employees and the write-offs not made in 2004 were made up for.
TeleTicino is very satisfied with the new RTVA recently passed by Parliament, the press release continues. With the receipt of the new fee shares, the television station plans to introduce new programs, particularly in the areas of regional sport, culture, events, youth and family. Investments are also planned in the technical area and - in addition to the traditional cable network - new types of distribution.