NHST Media Group - Quarterly Report 3rd quarter 2015

Highlights in the quarter

• Total Group revenues increased by 4 % to MNOK 296 for the quarter and with accumulated revenue growth of 3 % for the year to date
• For the quarter, circulation revenues increased by 1 %, advertising revenues decreased by      12 %, while media service revenues increased by 34 %
• The EBITDA for the quarter was a profit of MNOK 4, which is MNOK 11 up on last year. The accumulated EBITDA is a profit of MNOK 50 against a profit of MNOK 19 last year 
• The third quarter saw an improvement in operating results in DN and Nautical. There was a decrease in the operating result in Global due to declining advertising revenues while there was a marginal decrease in Direct Relations’ operating result
• The Group increased its digital revenues by 29 % in the quarter. Accumulated digital revenues constituted 34 % of total revenues. The Group is engaged in extensive digital product development – and a number of minor launches and improvements are made on a continuous basis
• The weakened Norwegian Krone (NOK) affects both revenues and costs denominated in NOK, but the impact on the overall operating result has been more marginal