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NHST Quarterly report Q1 2023.pdf

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NHST Quarterly report Q1 2023.pdf

NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2023
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Trond Sundnes

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NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2023

NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2023

• Revenues for the media segment in the quarter were 3.4 per cent higher than the year before. The digital subscription growth continued. Advertising and commercial services revenues increased by 11.7 per cent despite a general contraction in the advertising market.
• EBITDA for the quarter was minus NOK 14.7 million, a reduction of NOK 6.1 million compared to the year before.
• For the Sa