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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
APG SGA
APG SGA (APGN) investor relations material
APG SGA H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary24 Jul, 2026
Executive summary
Achieved a 10.4% year-over-year increase in advertising revenue to CHF 163.6 million in a challenging market.
Consolidated net income rose 24.9% to CHF 15.2 million, with EBIT up 24.9% to CHF 18.6 million.
Revenue growth was broad-based, with both analog and digital formats contributing, and political advertising rebounding strongly.
Costs remained stable despite higher personnel and administrative expenses, leading to improved margins.
Financial highlights
EBITDA increased 14.9% year-over-year to CHF 22.7 million, representing 13.5% of operating income.
Free cash flow improved to CHF 5.0 million from CHF -4.6 million in the prior year.
Earnings per share rose 24.7% to CHF 5.05.
Operating income grew 12.7% to CHF 168.4 million.
Outlook and guidance
No formal forecast provided due to ongoing geopolitical and economic uncertainty.
Confident in continued market share gains for Out of Home Media and further expansion as a market leader.
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Latest events from APG SGA
- Net income fell to CHF 27.1 million as stable revenue was offset by lower operating profit.APGN
H2 2025 - Net income rose 2.4% year-over-year despite revenue decline, with improved margins and digital growth.APGNH1 2025
- Net income rose 12.7% on higher digital sales and margin gains, with positive free cash flow.APGNH1 2024
- Net income up 12.9%, digital expansion drives growth, CHF 12 dividend proposed.APGNH2 2024
Next APG SGA earnings date
H2 202612 Mar, 2027
APG SGA
Next APG SGA earnings date
H2 202612 Mar, 2027
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Frequently asked questions
APG SGA SA is an outdoor advertising company specializing in the marketing and management of advertising spaces across Switzerland. The company offers a wide range of advertising solutions, including billboard, transit, digital, and airport advertising. Through strategic locations in public areas, transportation hubs, and shopping centers, APG SGA provides clients with opportunities to reach diverse audiences effectively. In addition to traditional outdoor advertising, the company integrates digital and data-driven solutions to enhance campaign targeting and engagement. The company is headquartered in Geneva, Switzerland, and its shares are listed on the SIX.