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Wed, 05.03.2025
The 2024 financial statements of TX Group show a mixed picture: SMG Swiss Marketplace Group (TX Group holds 30.7%) has developed very positively, while JobCloud (50%) performed well even in a difficult market environment. The media companies Tamedia, 20 Minuten and Goldbach are going through a profound transformation. After more than twenty years i...
TX Group founded SMG Swiss Marketplace Group in 2021 together with Die Mobiliar, Ringier and General Atlantic, and contributed the highly profitable businesses Homegate and Ricardo, as well as Tutti and car4you. As SMG Swiss Marketplace Group has not paid any dividends to date, the distribution of an extraordinary dividend totalling CHF 230 million...
TX Group
/ Key word(s): Miscellaneous
Invitation: Investors’ Call to Present
TX Ventures Fintech Fund
15.11.2024 / 15:08 CET/CEST
Zurich, 15 November 2024
TX Ventures, the venture capital arm of TX Group, is dedicated to supporting fintech innovators in the building of a better generation of finance. Its mission is to ...
The half-year results for TX Group reflect the current opportunities and challenges: The digital platforms JobCloud (50%) and SMG Swiss Marketplace Group (30.73%) are operating successfully. Goldbach, 20 Minuten and Tamedia have been confronted with constant changes in the media and advertising sector for many years. These require a fundamental reo...
“Performance in the 2023 financial year was pleasing: revenues, net income and cash flow of the group increased in a challenging environment, and the individual activities strengthened their position for the future.”
Pietro Supino, Publisher and Chairman of the TX Group
Key results for the 2023 financial year
...
In December 2022, TX Group announced that it would review and further develop its real estate strategy in the coming years. This process is now one step further: TX Group is evaluating the bundling of its portfolio in a separate company and assessing forms of cooperation with specialized real estate companies. For this purpose, TX Group talks with ...
Today's strategy day for institutional investors and analysts will explain the development of the media and advertising market and the objectives for 20 Minuten, Tamedia and Goldbach.
The media industry is currently undergoing a profound structural change, which also impacts the TX Group companies 20 Minuten, Tamedia and Goldbach. Cultivating the ...
«By maintaining the high quality and ongoing improvement of the offerings of Tamedia, 20 Minuten and Goldbach, as well as the necessary adjustment of the cost base to the realities of the traditional media business, all of the Group's activities can once again contribute to an improved overall result in the foreseeable future and continue the posi...
TX Group and its subsidiary, the Goldbach Group, announced the takeover of Clear Channel Schweiz on 22 December 2022. All the completion provisions have now been met and the deal will close on 31 March 2023. This will also involve the acquisition of the remaining shares of Neo Advertising's minority shareholders.
The current CEO of Clear Channel S...
TX Group and its subsidiary, the Goldbach Group, announced the takeover of Clear Channel Schweiz on 22 December 2022. All the completion provisions have now been met and the deal will close on 31 March 2023. This will also involve the acquisition of the remaining shares of Neo Advertising's minority shareholders.
The current CEO of Clear Channel S...
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