QUARTERLY REPORT 3rd quarter 2012

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QUARTERLY REPORT 3rd quarter 2012

Highlights

  • Group revenues in the 3rd quarter of 2012 were NOK 268.3m compared with NOK 267.0m in the same period of the previous year. Accumulated revenues for the 3rd quarter were up 1% to NOK 882.7m
  • The group's operating profit in the 3rd quarter was NOK 0.2m compared with a loss of NOK 8.7m in the same period of the previous year. Accumulated operating profit for the third quarter was NOK 35.1m compared with NOK 22.6m in the same quarter of the previous year
  • Cost efficiency measures had a positive impact on profits The low revenue growth reflects the decline in the advertising market in particular, while subscription revenue has grown during the year, as has revenue from other services
  • MyNewsdesk increased revenues by 33% as a result of continued growth in both Sweden and international markets.
  • For further highlights please refer to the Q3 video presentation here:


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Contacts

Trond Sundnes

Trond Sundnes

Press contact CEO 91600214

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