EQS-Adhoc: Goldbach Group AG: Goldbach Group is set to withdraw from the existing business in the Adriatic Region
EQS Group-Ad-hoc: Goldbach Group AG / Key word(s): Strategic Company
Decision
Goldbach Group AG: Goldbach Group is set to withdraw from the existing
business in the Adriatic Region
06.03.2015 / 07:05
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.
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Ad hoc press release
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.
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
Seestrasse 39
8700 Küsnacht-Zurich
Phone +41 (44) 914 91 00
Fax +41 (44) 914 93 60
www.goldbachgroup.com
End of ad hoc announcement
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06.03.2015 News transmitted by EQS Schweiz AG. www.eqs.com - news
archive: http://switzerland.eqs.com/de/News
The issuer is responsible for the contents of the release.
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Language: English
Company: Goldbach Group AG
Seestrasse 39
8700 Küsnacht-Zürich
Switzerland
Phone: +41 44 914 91 00
Fax: +41 44 914 93 60
E-mail: info@goldbachgroup.com
Internet: www.goldbachgroup.com
ISIN: CH0004870942
Valor: 487094
Listed: Foreign Exchange(s) SIX
End of News EQS Group News-Service
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330705 06.03.2015
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