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Quarterly Report first quarter 2014

Highlights

  • Group revenues in the first quarter increased by 2% to NOK 299 million
  • Circulation revenue was stable, while advertising revenue fell by 3% and service revenue rose by 15%
  • EBITDA was negative NOK 7 million, compared with a surplus of NOK 2 million in the first quarter of 2013
  • There was an operating loss of NOK 18 million, compared with a loss of NOK 7 million in 2013
  • Global increased revenue by 10 % in the first quarter and advertising revenue increased 19 %, however the operating result remained negative
  • Several new digital products were launched during the first quarter


Categories

Contacts

Trond Sundnes

Trond Sundnes

Press contact CEO 91600214

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