TX Group Faces Continuous Pressure, Eyes Transformation

The half-year results for TX Group highlight ongoing opportunities and challenges. Digital platforms JobCloud and SMG Swiss Marketplace Group showed strong performance. Conversely, Goldbach, 20 Minuten, and Tamedia face persistent changes in the media and advertising sectors, signaling the need for a fundamental reorganization.

Goldbach Neo's inorganic growth in out-of-home advertising kept total revenues stable. Organically, Group revenues dropped by 6.3% compared to the previous year. Advertising revenues declined at Tamedia and 20 Minuten, and the printing business saw a drop as well. However, lower costs for materials and personnel balanced the revenue decrease.

SMG Swiss Marketplace Group showed excellent growth and strengthened its market position. Conversely, JobCloud faced a declining job market, although its margin remained attractive. The results signify a critical period of transformation for TX Group amid industry shifts.