NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2024
NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2024
Categories: nhst media group
NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2024
NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2024
NHST GROUP’S DEVELOPMENT IN THE FOURTH QUARTER OF 2023
NHST GROUP’S DEVELOPMENT IN THE FOURTH QUARTER OF 2023
NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2023
Total revenues for the group were NOK 280.5 million in the third quarter 2023 vs NOK 271.4 million in the third quarter 2022.
NHST GROUP’S QUARTERLY REPORT FOR SECOND QUARTER 2023
NHST GROUP’S QUARTERLY REPORT FOR SECOND QUARTER 2023
• Total revenues for the group were NOK 284.0 million in the second quarter 2023 vs NOK 269.9 million in the second quarter 2022.
• Revenues for the media segment were 2.3 per cent higher than in 2022. The growth was predominantly driven by currency impacts on sales in foreign currencies. The growth in digital subscription revenues
NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2023
• Revenues for the media segment in the quarter were 3.4 per cent higher than the year before. The digital subscription growth continued. Advertising and commercial services revenues increased by 11.7 per cent despite a general contraction in the advertising market.
• EBITDA for the quarter was minus NOK 14.7 million, a reduction of NOK 6.1 million compared to the year before.
• For the Sa
NHST GROUP’S DEVELOPMENT IN THE FOURTH QUARTER OF 2022
• Total revenues for the Group were NOK 287.7 million in the fourth quarter of 2022, which was 0.6 percent lower than the fourth quarter 2021.
• Revenues for the media segment in the quarter were 1.3 per cent lower than the year before. The digital subscription growth continued although at a lower rate than earlier in the year. Total user revenues increased by 3.1% compared to quarter f
NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2022
The Group is experiencing challenging market conditions as a result of macroeconomic slowdown in Europe, historically high energy prices and the highest inflation levels seen for a decade. But in light of these events, the need for independent high-quality journalism is higher than ever.
NHST launches new international Hydrogen-publication
NHST Media Group - the Norwegian business news publisher - has today introduced a new title to its energy portfolio with the launch of Hydrogen Insight. Hydrogen Insight has been spun-off from NHST’s renewable-energy publication Recharge, with the aim to become the most read and respected brand covering the rapidly growing hydrogen industry.
NHST Group reports second-quarter results
One of the leading business news providers has reported the group’s development for the second quarter of 2022.
Hege Yli Melhus Ask resigns as Group CEO of NHST Media Group
HegeYliMelhus Ask has resigned her position with NHST Media Group.
- Hege has done a very good job as Group CEO and has led NHST Media Group through two challenging years. We would have preferred for her to stay on longer, but we of course respect her decision. A process to recruit her successor has begun, says Anette Olsen, Chair of the Board of Directors of NHST Media Group.
Olsen points o
NHST Media Group appoints new Group Chief People Officer
Helga Bollmann Leknes (48) has been appointed Chief People Officer of NHST Media Group, effective 17 August.
Leknes will join the Group Management of NHST Media Group and report to Group CEO Hege Yli Melhus Ask.
- Helga has a solid experience from strategic and operational HR as well as business leadership of large international corporations. Her competence and role will be very important to
NHST Media Group - Quarterly Report 2nd quarter 2020
NHST Media Group recorded progress in several areas in the second quarter of 2020, despite a continued demanding market situation due to Covid-19.
Demand for news services increased significantly in the first months of the year and remained high in the second quarter. Revenues from digital subscriptions rose, while revenues from print publications continued to fall, in line with the long-term t
Mentor Medier acquires NHST Media Group’s shares in Morgenbladet
Mentor Medier acquires NHST Media Group's shares in Morgenbladet. As a result, Mentor Medier will own 90.8 per cent of the shares in Morgenbladet. Mentor Medier already owns several newspapers such as Vårt Land and Dagsavisen in Norway, and the Swedish publication Dagen. It also owns several smaller newspapers and publishing firms, as well as Mediaconnect, a key provider of services to the media i
NHST Media Group - Quarterly Report 1st quarter 2020
The corona outbreak (covid-19) had negative consequences for the NHST Media Group in the first quarter, as for many other businesses in Norway and around the world. The Group’s publications experienced a strong growth in the demand for news and commentaries, resulting in increased traffic on the publications’ websites and increased sale of digital subscriptions. At the same time, advertising inco
Extraordinary cost reductions at NHST Media Group
NHST Media Group has decided to reduce costs by about NOK 70 million in 2020 to compensate for negative effects of the corona crisis and declining oil prices. Group publications are experiencing record-high readership numbers, but income from advertising and conferences are dropping considerably both in Norway and globally.
- We are delivering important journalism and good products at a difficu
NHST Media Group - Quarterly Report 4th quarter 2019
Initiatives to position NHST Media Group for improved profitability continued in the fourth quarter of 2019. Operations were impacted by challenging and continuously changing market conditions, with increasing competition. The Group sees lower demand for paper based products and declining advertising revenues for traditional media. Meanwhile, cost-cutting efforts in combination with technology and
Gunnar Bjørkavåg resigns as Group CEO of NHST Media Group
Gunnar Bjorkavag and the NHST Media Group board of directors have agreed that Gunnar Bjorkavag resigns from his position as Group CEO, effective from 1 February 2018.
NHST Media Group - Quarterly Report 3rd quarter 2017
Highlights from the quarter
Revenues in the third quarter were stable despite a 23 % fall in advertising revenues
Growth in subscription revenues in the publications and the growth in Mynewsdesk compensated for the decline in advertising
Subscription revenues were 64 % of the total revenues in the quarter, compared with 58 % a year ago
The EBITDA, before one-time effects, was MNOK 20, which w
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