News -
NHST Media Group - Quarterly Report second quarter 2014
Highlights
- Group revenues decreased by 2 % to MNOK 324 in the second quarter
- Circulation revenue was stable, advertising revenue was down 8 %, while service revenue increased 9 %
- EBITDA was MNOK 34 against MNOK 39 in Q2 2013
- The quarter saw operating profits of MNOK 22 against MNOK 28 for the same period in 2013
- Global and Nautical Charts increased their revenues and improved their results, DN saw a decrease in revenues and operating profit, while Direct Relations had an increase in revenues, but with an even higher increase in costs due to expansion
- The Group increased its digital revenue by more than 25 % in the quarter