Edipresse: 2007 results are up on last year

14.04.08 - 18:11 ... source : Edipresse

... 10 April 2008 - Edipresse Group In a period of significant transformation of the media industry, Edipresse improved upon its results from last year: Earnings before interest and taxes amounted to CHF 59 million and increased by 4.1% Net income increased by 7.3% reaching CHF 32.3 million Group consolidated turnover of CHF 814.6 million – in absolute figures - was down on the previous year owing to divestments and removal of certain business activities from the consolidation scope. On a pro forma basis, turnover has increased by CHF 27 million, that is, 3.7% In the dailies segment, the market was revitalized by the strong progression of the free dailies, a development in which the Group is participating successfully. In a very competitive environment, Edipresse is leading the field with the free daily Le Matin Bleu which, after two years of operations, has already attained a readership of 469,000 and has benefited from a 50% increase ...» Next (HTML)