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Quarterly Report first quarter 2014

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Quarterly Report first quarter 2014

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Trond Sundnes

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Quarterly Report first quarter 2014

Highlights
Group revenues in the first quarter increased by 2% to NOK 299 millionCirculation revenue was stable, while advertising revenue fell by 3% and service revenue rose by 15%EBITDA was negative NOK 7 million, compared with a surplus of NOK 2 million in the first quarter of 2013There was an operating loss of NOK 18 million, compared with a loss of NOK 7 million in 2013Global increased rev