Investor Day for knowledge transfer and information about TX Group’s strategic direction

TX Group / Key word(s): Interim Report Investor Day for knowledge transfer and information about TX Group’s strategic direction 06-Dec-2022 / 06:45 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Today, TX Group is hosting its Investor Day 2022 for institutional investors, analysts and the media. The aim of the event is to impart knowledge about the TX Group and its companies as well as to provide information about its strategic direction. The dynamic development of the group will be presented in depth by Goldbach and JobCloud. At the start of 2023, the real estate portfolio will be established as an independent division at group level and a FinTech investment fund of CHF 100 million will be launched.

 

TX Group has been contributing to a free society for almost 130 years. The company's origins and current DNA are quality journalism and responsible advertising. With the digital platforms, the business model was significantly expanded. This foundation is at the heart of the TX Group's strategic planning and is consistently developed further in order to create sustainable value. 

The three traditional companies, Tamedia (paid media), 20 Minuten (free media) and Goldbach (advertising marketing), are each managed independently by a CEO and their own Board of Directors. This allows for a further autonomous development of the companies, which as market leaders have optimal conditions to emerge strengthened from the current structural change and return to a clear growth path. The strategic participations in the Swiss Marketplace Group SMG (TX Group owns 30.76%) and JobCloud (50%) platforms remain central to TX Group. The most popular digital platforms in Switzerland (and JobCloud also in Austria through its 49% stake in karriere.at) are uniquely positioned for further growth.