Goldbach Group AG reported earnings results for the first half of 2018. For the period, the company increased revenue in the first semester 2018 by 0.7% over the previous year to CHF 238 million, in what was a difficult advertising environment for classical media. Operating profit posted a disproportionate increase at EBIT level of 8.5% to CHF 16.2 million due to a slightly improved gross profit margin and lower operating costs. The first semester 2018 net result amounts to CHF 5.0 million compared to CHF 4.6 million in the previous year. Operating cash flow in the first semester of 2018 came to CHF 3.5 million and was slightly down from the previous year due to prior payments to media partners against CHF 8.0 million a year ago.