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Tamedia: more than half of EBITDA from digital offerings
Tamedia: more than half of EBITDA from digital offerings
Article ID:
20722
Thursday 2. March 2017 – The Swiss media group Tamedia achieved revenues of CHF 1,004.8 million (-5.5 per cent) in 2016. Operating income before interest, taxes and depreciation and amortisation (EBITDA) fell to CHF 201.0 million (-17.5 per cent, EBITDA margin 20.0 per cent) due to the market downturn. Operating income before interest and taxes (EBIT) dropped to CHF 113.5 million (-13.1 per cent, EBIT margin 11.3 per cent). Net income amounts to CHF 122.3 million. For the first time, more than half of EBITDA was generated by publishing and commercial digital products.