Investor Day for knowledge transfer and information about TX Groups strategic direction

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.

The central Group Services of the TX Group are managed efficiently and leanly. Going forward, the company's own real estate will be further developed in a separate earnings-oriented department at group level. The portfolio, consisting of three printing centres in Zurich, Bern and Bussigny and four office buildings situated in attractive locations in Zurich and Bern, offers considerable potential for independent development; however, various options for the optimal ownership structure are being examined. Also, part of the group is the return-oriented TX Ventures which is launching its own CHF 100 million FinTech investment fund (details follow below).

TX Group will publish margin targets for the Tamedia, Goldbach and 20 Minuten segments by the 2023 annual results. The targets will be based on peer companies. Due to the shareholding structure at SMG and JobCloud, the communication of the guidance for the TX Markets segment is subject to the approval of the other shareholders.

 

Organisational Information

Investor Day in English today, 6th of December 2022
 

Contact
Ursula Nötzli, Chief Communications & Sustainability Officer, Member of the Group Executive Board
+41 76 462 52 45, ursula.noetzli@tx.group

Karole Verlage Frei, Communications TX Ventures, Senior Group Communications Manager
+41 76 322 47 10, karole.verlage-frei@tx.group

About TX Group
The TX Group forms a network of platforms and participations that offers users information, orientation, entertainment and assistance for everyday life on a daily basis. Its roots lie in journalism with the diverse newspapers of Tamedia and the free media of 20 Minuten. The portfolio is complemented by the advertising marketer Goldbach. The TX Group is an anchor shareholder of the SMG Swiss Marketplace Group and JobCloud, holds majority stakes in Doodle and Zattoo and is an investor in the fintech sector through TX Ventures. Founded in 1893, the company has been listed on the Swiss stock exchange since 2000. www.tx.group