Revenue down at Ringier, despite solid classifieds performance
21 Apr 2015
High growth rates in the digital business cannot yet offset classifieds and corporate advertising losses at Swiss media company Ringier AG. Although Ringier reached the medium-term growth goals set for its digital business, the strategy to transform into a diversified media company cut revenue and profitability again in financial year 2014.
In FY2014 overall revenue were down 3.7 percent to CHF