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NHST Media Group - Quarterly Report 1st quarter 2018

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NHST Media Group - Quarterly Report 1st quarter 2018

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Trond Sundnes

Trond Sundnes

Press contact CEO 91600214

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NHST Media Group - Quarterly Report 1st quarter 2018

NHST Media Group - Quarterly Report 1st quarter 2018

Summary
Revenues in the first quarter were down 3%, but adjusted for Easter effects and discontinued operations in Nautisk, the revenue trend was stable. Subscription revenue continued to grow for both the publications with 1 % and Mynewsdesk with 3 %. That translates into MNOK 1 and MNOK 2 respectively. The growth rate was lower than in previous quarters. Advertising revenue was lower for