Letter to Shareholders / Annual Report 2021

[Ad hoc announcement pursuant to Article 53 of the KR]

The pandemic had a significant impact on the 2021 financial year.
Improved margins thanks to a cost-cutting programme.
A very sound financial position.
A dividend of CHF 11 per share.

In brief (adjusted for one-off items)

– Advertising revenue in Switzerland rose by 0.3% to CHF 251.6 million.
– Advertising revenue in Serbia rose by 32.7% to CHF 14.6 million.
– EBITDA margin: 9.6% (previous year: 8.5%)
– EBIT margin: 5.7% (previous year: 4.5%)
– Consolidated profit of CHF 12.7 million (previous year: CHF 9.5 million)
– Free cash flow of CHF 5.5 million (previous year: CHF 19.8 million)

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