Goldbach Group is set to withdraw from the existing business in the Adriatic Region
Küsnacht-Zurich, March 6th, 2015. The Goldbach Group's board of directors has ordered the management to enter into negotiations for the withdrawal from the market in the Adriatic region. With this move, the company will complete the review of its business portfolio as part of the verification of the corporate strategy.
The business result achieved by the Goldbach Group in the Adriatic region over the last year was unsatisfactory. Profits cut by almost half, ending in 2014 at 5 Mio. CHF. In the board meeting of March 5th, 2015, the board of directors instructed the management to make preparations to find a solution with the local stakeholders to withdraw from the existing business in the Adriatic region.
Further information:
Investor Relations:
Goldbach Group AG
Germaine Müller
Project Manager Investor Relations
T +41 (44) 914 93 41
germaine.mueller@goldbachgroup.com
Goldbach Group Company Profile
The Goldbach Group is the leading network for electronic communication solutions and a logistics centre for the marketing and representation of advertising in private electronic media in the areas of television, internet television, radio, digital out of home, online display, in-game, search advertising and mobile advertising. The company is based in Switzerland (Kusnacht-Zurich) and is active in the whole DACH region (Switzerland, Germany, Austria), in Poland and in the Adriatic region (Slovenia, Croatia, Serbia). The Group's core business comprises planning, consulting, creation, concept development, purchasing and implementation through to assessment of the deployment of electronic offline and online media and cross-media campaigns.
Goldbach Group has been quoted in the main standard of the SIX Swiss Exchange since June 15th, 2007 resp. in the domestic standard since December 8th, 2014 (Valor 487094, ISIN CH0004870942, Ticker-Symbol: GBMN).
Further information: www.goldbachgroup.com oder www.goldbach.com
Contact:
Goldbach Group AG
Germaine Müller, Investor Relations Manager
Jürg Bachmann, Public Relations Manager
Seestrasse 39
8700 Küsnacht-Zurich
Phone +41 (44) 914 91 00
Fax +41 (44) 914 93 60
www.goldbachgroup.com
