The difficult market environment worldwide and the strong Swiss franc have affected the profitability of SIX Group. Although SIX Group generated a profit of CHF 216 million in fiscal 2011 thanks to special effects, the operating result declined, in particular since the fourth quarter of 2011, and the outlook for 2012 is cautious. The Board of Directors has therefore initiated measures to secure competitiveness. Among other things, the cost basis is to be decreased by CHF 30 million. In addition to a targeted reduction of non-personnel costs, SIX also expects to cut some 150 positions.
SIX Group has a stable
SIX Group has a stable
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