Letter to Shareholders / Annual Report 2024

13 March 2025

[Ad hoc announcement pursuant to Art. 53 KR] Significant increase in consolidated profit. Slight rise in advertising revenue in a challenging environment. Targeted expansion of the digital service offering. Dividend of CHF 12 per share for the 2024 financial year. Dividend recommendation for the financial years 2025 and 2026, with a payout of 100 per cent of the consolidated profit achieved, subject to a minimum dividend of CHF 12 per share.

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  • Advertising revenue in Switzerland rose by 0.2 per cent to CHF 311.8 million.

  • Advertising revenue in Serbia rose by 5.6 per cent to CHF 15.2 million.

  • EBITDA margin: 13.9% (previous year: 12.8%)

  • EBIT margin: 11.0% (previous year: 9.7%)

  • Consolidated profit of CHF 30.3 million, an increase of 12.9 per cent (previous year: CHF 26.8 million)

  • Free cash flow of CHF 37.3 million, an increase of 19.2 per cent (previous year: CHF 31.3 million)

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