Key Figures

Recovering second half

The 2008 financial results show that once more, the Group confirms the strong growth trend of the last years with total revenues and other operating income reaching CHF 1.037 billion. Achieving a compounded annual growth rate of 15% over the last five years, the Group continues to materially exceed the average industry growth rate.

The introduction of new generation security solutions at several Digital TV accounts together with the migration of some of the Group's largest accounts to the service model had a strong effect upon the Group 2008 results. As anticipated, this change of model affected the profitability of the Digital TV business. On the other hand, the Public Access and the Middleware & Advertising segments continued to deliver on their positive momentum maintaining a healthy contribution margin in a challenging economic environment.

Key figures 2008

In CHF '000	2008	2007	2006	2005
Total revenues	1 036 950	942 535	756 182	697 173
OIBDA 1)	92 174	137 166	188 162	160 833
Operating income	18 500	87 655	150 207	121 142
Net income/loss	-6 995	67 448	138 530	86 772
1) OIBDA : operating income before interest, taxes, depreciation and amortization

Revenue breakdown by region and sector

In CHF '000	Europe	Americas	Asia/ Oceania	Africa	2008
Digital TV	380 721	181 562	95 929	2 735	660 947
Public Access	196 467	23 900	19 470	726	240 563
Middleware & Advertising	48 160	36 242	30 028	11 566	125 996
Total	625 348	241 704	145 427	15 027	1 027 506