MCH Group Ltd.

Latest Results (06.02.2026):

MCH Group Ltd., first half / Q1–Q2 2025 (reporting period 01.01.–30.06.2025): revenues eased to CHF 222.5 million, but profitability improved — EBITDA rose to CHF 18.9 million and profit attributable to shareholders reached CHF 5.3 million. Cash remained stable at about CHF 59.0 million and operating cash flow turned positive. The results reflect cost and efficiency measures, strong live‑marketing activity (notably Eurovision 2025) and continued Art Basel momentum.

Financial headline

Operating income: CHF 222.476 million (down CHF 14.1 million vs H1 2024). EBITDA: CHF 18.870 million (up CHF 3.6 million year-on-year). EBIT: CHF 9.402 million (vs CHF 5.784 million). Profit attributable to shareholders: CHF 5.310 million (management highlights this as a CHF 1.5 million increase vs prior year). Undiluted/diluted EPS: CHF 0.17 (H1 2024: CHF 0.12).

Profitability & margins

EBITDA margin was 8.5% (improved from prior year); reported net profit for the consolidated group was CHF 4.399 million (includes negative non‑controlling interest), while shareholders’ share of profit was CHF 5.310 million. Management attributes margin improvement to operational efficiency and cost‑base reductions.

Cash flow & balance sheet

Cash and cash equivalents at 30.06.2025: CHF 58.94 million (essentially flat vs 31.12.2024). Operating cash flow: +CHF 11.006 million (vs –CHF 3.509 million prior year). Change in cash during the half-year: –CHF 0.122 million. Total assets: CHF 371.1 million; shareholders’ equity: CHF 102.0 million.

Segments & geography

By division (pre‑consolidation): Community Platforms and Experience Marketing remain core drivers. Segment EBITDA contributions: Community Platforms CHF 19.822 million; Experience Marketing CHF 8.726 million; Group functions / consolidation drag approx. CHF –9.678 million. By market (third‑party sales): Switzerland ~CHF 83.2 million (down), Americas ~CHF 79.4 million, Asia/Pacific/Africa ~CHF 49.6 million (up).

Operational highlights

Major event delivery: MCH led Eurovision Song Contest 2025 activations in Basel (high footfall and global exposure) and continued Art Basel expansion (announcement of Art Basel Qatar, inaugural fair Feb 2026). Live‑marketing brands (MCH Global, Expomobilia, MC²) completed substantial projects and over 800 projects worldwide across the Experience Marketing portfolio.

Outlook & subsequent events

Management notes seasonal weighting (H2 typically weaker) and currency headwinds (weaker USD). After period end, sale agreement signed for Effretikon real estate — expected one‑off positive EBITDA and cash impact in H2 2025. Board approved the half‑year accounts on 8 Sept 2025.