Interim report
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TX Group Half - Year Report 2021 Zurich , 31 August 2021 Dear Shareholders dear Staff Members dear Friends and Partners of the TX Group The year 2021 will go down in our corporate history . The merger of our online marketplaces and general classifieds platforms ( TX Markets excluding JobCloud ) with those of Ringier / Mobiliar ( Scout24 Switzerland ) represents a major step for TX Group and a strengthening of the Swiss business location . It will create one of the country's largest digital companies . We are proud to be making a major contribution to this new enterprise . In recent years , we invested a lot of effort to develop TX Markets and consistently drive growth across all areas . The merger is a bold but logical step . Digitalisation is having an impact on all parts of the economy and along the entire value chain . Even digital businesses are challenged to constantly reinvent themselves and keep up with fast - paced developments . In the area of marketplaces and classifieds , there has also been a significant change in terms of competition . Global players are entering markets around the world and increasingly making inroads into our domestic market as well . The emerging enterprise provides a new and stronger base for Swiss online marketplaces and general classifieds platforms to compete in this environment . In future , this joint venture will be able to reach new heights - at its own pace and in its own way . The realignment of our Group is already having a positive impact : The structure introduced in early 2020 , with the four independent companies TX Markets , Goldbach , 20 Minuten and Tamedia , is allowing us to strike out in new directions . It has provided transparency and clarity regarding the great opportunities and challenges of the different business areas . All our companies are working to establish their own position within the market . At the same time , joint business opportunities are cultivated where it is appropriate . Looking back on the first half of 2021 , the economic environment remained challenging for the entire TX Group , with the coronavirus crisis continuing to weigh us down . This makes our results even more gratifying , with revenues enjoying 8 per cent organic growth year - on - year and operating income ( EBIT b . PPA ) up by CHF 36 million . TX TX Group Half - Year Report 2021 1