Ad hoc announcement pursuant to Art. 53 LR - CREALOGIX has pursued its strategy to improve the operating profitability by a further reduction of its cost base thanks to efficiency gains from the product portfolio consolidation. Total sales for the financial year 2022/23 amounted to CHF 81.4 million. EBITDA improved by CHF 18.2 million year over year and amounts to CHF 8.9 million.
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Market launch of the Funding Portal completed with successful go-live of seven development banks: CREALOGIX expands its position in public finance
CREALOGIX has completed the launch of its customer portal at seven public finance institutions.
Christophe Biollaz takes on the role of Chief Financial Officer of CREALOGIX and becomes a member of the Management Board. The former CFO of Saint-Gobain Switzerland replaces Daniel Bader, who will be leaving CREALOGIX at his own request following a transition phase.
All ad-hoc releases
CREALOGIX achieved a positive operating result in the first half of 2022/2023, further measures to strengthen profitability in implementation
Ad hoc announcement pursuant to Art. 53 LR - In a challenging environment, CREALOGIX is back in the black with a positive operating result in the first half of the 2022/2023 financial year. Sales increased by 1.1%, or 6.8% in local currencies, on an adjusted comparison level and in Swiss francs - excluding the sold, non-strategic Swiss Learning Hub AG.
Preliminary information on the 2022/2023 half-year statement: CREALOGIX achieves turnaround with positive operating result
Ad hoc announcement pursuant to Art. 53 LR – In a challenging environment, CREALOGIX achieves a return to operating profit and achieves a positive operating result in the first half of the 2022/2023 financial year.
Ad hoc announcement pursuant to Art. 53 LR – CREALOGIX sales fell by 14% to CHF 94 million in the challenging financial year 2021/22. This drop in sales, together with the extraordinarily high capital investment for the implementation of the development bank product in Germany led to a negative EBITDA of CHF 9.3 million. The implemented cost reductions and the conclusion of the investment in the development bank product will ensure a rapid return to positive EBITDA in the financial year 2022/23.