TX Markets
| in CHF mn | 2023 | 2022 | Change | |||
|---|---|---|---|---|---|---|
| Classifieds & services revenue 1 | 133.7 | 138.8 | –3.7% | |||
| Other operating revenue 1 | 0.0 | 0.9 | –97.3% | |||
| Revenues | 133.8 | 139.7 | –4.3% | |||
| of which organic revenues 2 | 133.8 | 139.7 | –4.3% | |||
| Operating expenses 3 | (60.5) | (62.8) | –3.7% | |||
| Share of net result of associates / joint ventures | 26.7 | (10.9) | n.a. | |||
| Operating income / (loss) before depreciation and amortisation (EBITDA) | 100.0 | 66.1 | 51.3% | |||
| Margin 4 | 74.8% | 47.3% | 27.5%p | |||
| Depreciation and amortisation | (6.9) | (6.6) | 4.5% | |||
| Operating income / (loss) before effects of business combinations (EBIT b. PPA) | 93.2 | 59.5 | 56.5% | |||
| Margin 4 | 69.7% | 42.6% | 27.1%p | |||
| Depreciation and amortisation resulting from business combinations | (10.3) | (10.3) | 0.0% | |||
| Operating income / (loss) (EBIT) | 82.8 | 49.2 | 68.4% | |||
| Margin 4 | 61.9% | 35.2% | 26.7%p | |||
| Normalisation 5 | 25.1 | 44.0 | –42.9% | |||
| Operating income / (loss) (EBIT adj.) | 108.0 | 93.2 | 15.8% | |||
| Margin 4 | 80.7% | 66.7% | 14%p | |||
| Number of employees (FTE) 6 | 293 | 262 | 11.9% | |||
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1 Includes third-party revenue and revenue vis-à-vis other TX segments.
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2 Includes only companies and activities that were included in the scope of consolidation for the entire reporting period 2023 and 2022. There were no changes in the TX Markets segment.
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3 No IAS 19 pension costs (as in segment reporting).
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4 The margin relates to revenue.
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5 Normalisation effects:
– Amortisation and impairment from business combinations of associate SMG (2023: CHF 14.8 million; 2022: CHF 33.7 million). – Amortisation from business combinations (2023: CHF 10.3 million; 2022: CHF 10.3 million). |
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6 Average number of employees, excluding employees in associates / joint ventures.
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TX Markets segment includes the strategic investments in SMG Swiss Marketplace Group (30.74%, at equity consolidation) and the job portal JobCloud (50%, fully consolidated). JobCloud holds an investment in the Austrian job platform Karriere.at (JobCloud share in Karriere.at is 49%, at equity consolidation).