NHST Media Group AS has entered into an agreement for the sale of the business of Nautisk Forlag AS to Stormgeo AS. Completion of the transaction is subject to the fulfilment of certain standard conditions and closing is expected within the next month or a soon as is practical.
Part of NHST since its inception in 1896, Nautisk has in recent years invested in the development of new, innovative
Mynewsdesk, the leading provider of a SaaS all-in-one digital PR platform in the Nordics, today announced that it has acquired Mention, a Paris-based real-time web and social monitoring tool used by a global customer base. The addition creates a new global category leader within real-time web and social listening for small to medium-sized enterprises (SMBs).
After an extensive process, the Board has named Hege Yli Melhus Ask (44) as the new group CEO of NHST Media Group. She joins NHST from the position as Executive Vice President of the Norwegian stock exchange traded insurance company Gjensidige where she has been a member of the management group and responsible for the business area Private since 2011.
Revenues in the second quarter were stable.This is a result of the fact that growth in subscription and service revenues offset the decline in advertising revenue. Adjusted for the operations which were wound up in 2017, Nautisk Forlag had revenue growth in the second quarter. Revenues in Mynewsdesk before currency effects were stable in the second quarter. Subscription growth continued for the
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
Highlights in the quarter
Revenues in the fourth quarter amounted to MNOK 349, 4 % up on the same quarter last year.
A continued high growth rate in Mynewsdesk, up 27 %, resulted in revenue growth for the Group.
The decline in advertising revenue in the fourth quarter, down 2 %, was lower than in previous quarters
Subscription revenue continued to grow in the fourth quarter, up 2 %, an
Gunnar Bjorkavag and the NHST Media Group board of directors have agreed that Gunnar Bjorkavag resigns from his position as Group CEO, effective from 1 February 2018.
Highlights from the quarter
Revenues in the third quarter were stable despite a 23 % fall in advertising revenues
Growth in subscription revenues in the publications and the growth in Mynewsdesk compensated for the decline in advertising
Subscription revenues were 64 % of the total revenues in the quarter, compared with 58 % a year ago
The EBITDA, before one-time effects, was MNOK 20, which w
Highlights from the quarter
The second quarter was in total a stable quarter for both revenues and operating results, adjusted for one-time effects.
Advertising revenues were lower than in the same quarter last year, but was compensated by increased revenues in Mynewsdesk.
Total revenues for the quarter were MNOK 335. This was a decline of 8 % as against the same period last year. Adjusted
Key points in the quarter
Revenues for the quarter amounted to MNOK 322, an increase of 5 % from the same period last year.
Advertising revenue decreased by 12 %, but were compensated by the growth in subscription revenue of 16 %. Subscription revenue now constitutes 60 % of total revenues, up from 55 % in the same quarter last year.
EBITDA for the quarter was a profit of MNOK 13, whi
Main highlights in the quarter
Revenues for the quarter increased by were MNOK 337 which is comparable with last yearAs in previous quarters there are significant variations between revenue types. Subscription revenue increased 13% while advertising revenue fell 15 % and media service revenues declined 7 %. There were also substantial differences between the segments with 16 % growth in Mynews
Key figures for the quarter
Revenues for the quarter increased by 7 % to MNOK 316. Adjusted for acquired and sold companies in 2016, revenues increased by 3 %. Adjusted also for currency effects the increase was 1 %.Revenues in the Norwegian and global news publications increased by 8 % to MNOK 240. Adjusted for business acquisitions, the growth rate was 3 %. Adjusted also for currency effec
