Tamedia
Tamedia is a Swiss media company, which was founded in 1893 with the Tages-Anzeiger. Today, the company comprises the paid-for daily and Sunday newspapers, magazines and publishing services. The best-known publications include Tages-Anzeiger, SonntagsZeitung, Finanz und Wirtschaft, Schweizer Familie, BZ Berner Zeitung, Basler Zeitung, Das Magazin, Der Bund, 24 heures, Le Matin Dimanche, Tribune de Genève and Bilan. Tamedia also operates two newspaper printing plants in Switzerland. www.tamedia.ch
in CHF mn | 30.06.2026 | 30.06.2025 | Change |
|---|---|---|---|
Advertising revenue 1 | 35.9 | 37.1 | -3.2% |
Classifieds & services revenue 1 | 14.2 | 14.9 | -4.2% |
Commercialisation revenue 1 | 0.6 | 1.3 | -57.3% |
Subscriptions & single sales revenue 1 | 102.8 | 106.6 | -3.6% |
Printing & logistics revenue 1 | 20.4 | 29.8 | -31.6% |
Other operating revenue 1 | 1.2 | 1.8 | -34.9% |
Other income 1 | - | 0.0 | n.a. |
Revenues | 175.1 | 191.5 | -8.6% |
of which organic revenues 2 | 175.1 | 191.5 | -8.6% |
Operating expense 3 | -170.6 | -186.0 | -8.3% |
Share of net result of associates / joint ventures | 0.2 | -0.0 | n.a. |
Operating income / (loss) before depreciation and amortisation (EBITDA) | 4.7 | 5.5 | -15.3% |
Margin 4 | 2.7% | 2.9% | -0.2%p |
Depreciation and amortisation | -0.8 | -0.4 | 87.0% |
Amortisation resulting from business combinations | -9.1 | -9.1 | -0.5% |
Operating income / (loss) (EBIT) | -5.2 | -4.0 | 28.5% |
Margin 4 | -2.9% | -2.1% | -0.8%p |
Adjustment 5 | 9.9 | 10.6 | -6.1% |
Operating income / (loss) (EBIT adj.) | 4.8 | 6.6 | -27.1% |
Margin 4 | 2.7% | 3.4% | -0.7%p |
Number of employees (FTE) 6 | 1’224 | 1’268 | -3.5% |
1Includes third-party revenue and revenue vis-à-vis other TX segments.
2Includes only companies and activities that were included in the scope of consolidation for the entire reporting period 2026 and 2025. There were no changes in the Tamedia segment.
3No IAS 19 pension costs (as in segment reporting).
4The margin relates to revenues.
5Adjustments: Reorganisation of printing centers (2026: 0.3 CHF mn; 2025: 0.3 CHF mn), amortisation resulting from business combinations (2026: 9.1 CHF mn; 2025: 9.1 CHF mn).
6Average number of employees, excluding employees in associates / joint ventures.
CEO: Jessica Peppel-Schulz
Tamedia is in the midst of a systematic transformation from a print to a digital business. The strategy is based on two pillars: investment in sustainable digital differentiation with simultaneous growth in subscriptions, and targeted optimisation of the print and printing business. Tamedia focuses on high-quality journalism that provides context and distinctive perspectives.
- Digital growth as an earnings driver
Digital growth is the key value driver of the future. Tamedia recorded a total of 601,000 paid subscriptions, of which 207,000 (+7% compared to the previous year) were digital. This was accompanied by a continuous improvement in average revenue per user (ARPU). Exclusive added value helped ensure customer loyalty. Tamedia constantly refines its digital subscription offering with innovative components – such as the new games app – to increase product attractiveness for various target groups. Tamedia also achieved strong growth in digital advertising sales (+18%). - Differentiation through targeted investments
Tamedia invests in differentiation through regional proximity, hyperlocal content and strong personal brands. On the technology side, the targeted application of AI and the training of our employees in its use accelerates this scaling process. This creates the freedom to boost journalistic differentiation through in-house research, cross-network collaboration and direct communication with the public. - Operational excellence in the print area
Under the drive to increase efficiency, the entire print area was merged into a new organisational unit. This structure brings the entire value chain – from production to customer service – under a unified management structure. The aim is to ensure efficient management and safeguard long-term profitability. Through targeted measures such as the consolidation of the printing centres, AI-based process optimisation in the reader market and technical innovations, Tamedia is maximising efficiency and ensuring the long-term competitiveness of the division. The closure of the Zurich printing centre (DZZ) is proceeding according to plan. The relocation of print orders will be completed by the end of the year.