TX Group AG (XSWX:TXGN)

CHF 158.6 2.6 (1.67%) Market Cap: 1.68 Bil Enterprise Value: 1.63 Bil PE Ratio: 68.87 PB Ratio: 0.73 GF Score: 70/100

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Half Year 2019 Tamedia AG Earnings Call Transcript

Aug 27, 2019 / 09:00AM GMT

Release Date Price: CHF100 (-5.66%)

Transcript

Operator

Ladies and gentlemen, welcome to the half year 2019 results analyst conference call. I'm Sandra, the Chorus Call operator. (Operator Instructions) The conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Mr. Christoph Tonini, CEO; Mr. Sandro Macciacchini, CFO; and Mr. Patrick Matthey, Head of Communications. Please go ahead, gentlemen.

Christoph Tonini

Tamedia AG - CEO & Member of the Management Board

Yes. Good morning, everybody. We are pleased that you take time to have a look with us into the half year results 2019 of Tamedia. I would go through some of the charts, which are on our right side, and then Sandro Macciacchini will give you some more details about financial figures.

Let's start with Page #5, the overview. As you have seen, we have been recording revenue growth of 10% and an EBITDA growth of 7%, only driven by acquisition of Goldbach and Zattoo on the revenue side, but we have had a decline on the EBIT level and this

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