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A crisis followed one after another: Russia’s war of aggression in Ukraine in February 2022, high paper prices and scarce resources, particularly energy price spikes that fueled historically high inflation rates in the Swiss media company’s emerging markets in Central and Eastern Europe. Still, Ringier boss Marc Walder, 57, says the past 2022 has been an “extraordinary, financially and operationally successful year for the Ringier Group.” “Good numbers give us pleasure.”
Blick publisher brought in 104.9 million CHF operating profit (Ebitda). In a direct comparison to 2021 – the consolidation method has changed – operating profit is CHF 134.3 million. This corresponds to an increase of 9 percent. Ringier achieved sales of 1,010.1 million francs – “well above the previous year’s level of 965.3 million”, as he put it.
According to Walder, the three strategic pillars of success are Media (110 media brands), Marketplaces (56 digital platforms), and Sports-Media (9 digital media brands). The Ringier boss, in particular, highlights business platforms that “are all well above plan”. In particular: the Swiss platform Jobcloud has even achieved the highest turnover in the company’s history, historical record values in terms of earnings.
The Blick Group is part of the Media strategic pillar. Digitally, Blick now reaches 1.4 million supposedly unique customers every day. This is the number of end devices (mobile phone, PC, etc.) accessing a website. Video views also rose 34 percent from 193 million to 259 million in 2022. Blick TV: “He’s on the right track,” says Walder.
A true “print success story” is Landliebe magazine, which currently has more than 100,000 subscribers. And Energy is a virtual leader, including the opening of the first radio studio in the Metaverse.
Walder deeply believes that digital transformation is not complete, but rather “presents more growth opportunities.”
The group has been on the rise since the family business dedicated itself to digital transformation in 2007. Ringier now earns almost 80 percent of its operating profit from digital commerce – the highest value in a European industry comparison. Compared to the previous year’s record, the digital share increased by 6 percent. The investment volume in 2022 was around 120 million francs.
Publisher Michael Ringier (74) says this also has to do with the annual result presented on Tuesday, saying that “we can overcome the challenges of the coming years with great confidence and self-confidence.”
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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