Tamedia loses growth in online classifieds business
03 Sep 2012
Swiss media group Tamedia released dropping revenue numbers for the first half of 2012 at the end of August. While the turnover of the company fell by 5.4 percent to CHF 524 million, the net profit sank by 16 percent to CHF 73.7 million.
As Tamedia CEO Martin Kall said at the press conference, the company is also not very hopeful that revenue will rise again in the second half of this year. “We