QUARTERLY REPORT 1st quarter 2012

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QUARTERLY REPORT 1st quarter 2012

Highlights

Group revenues in the 1st quarter were NOK 303.8m, growth of 6% compared with the same quarter of the previous year
The group’s operating profit in the quarter was NOK 4.0m compared with NOK 2.0m in the same quarter of the previous year

The revenue growth reflects increased subscription revenue in particular, as well as continued strong growth for MyNewsdesk and Nautisk Forlag Measures have been implemented with a view to improving cost efficiency in all the group’s companies

Smartcom UK is being wound up in Q2 2012 and NOK 2 mill in restructuring costs has been charged to income in the quarter for the group as a whole 

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Contacts

Trond Sundnes

Trond Sundnes

Press contact CEO 91600214

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