NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2024
NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2024
NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2024
NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2024
NHST GROUP’S DEVELOPMENT IN THE FOURTH 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
• 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
• 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
• 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
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.
One of the leading business news providers has reported the group’s development for the second quarter of 2022.
Most of the NHST Media Group’s businesses saw a positive development in revenues and profit in the second quarter of 2021. The group’s most important markets showed improvement. Positive development in subscription revenues and increased advertising revenues in the media segment contributed to an increase in the group's operating profit before depreciation and amortisation (EBITDA). This progress
NHST Media Group continued its efforts to strengthen the group’s market positions in the first quarter of 2021, through a continued digitalisation of the revenues, supported by product improvements and new digital services.
The group’s operating revenues amounted to NOK 256.0 million for the first quarter, corresponding to a 9.0 per cent decrease from the first quarter of 2020. Adjusted for th
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
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
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
NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER 2019
The restructuring of NHST Media Group continued in the third quarter of 2019 to secure higher digital content revenues, improved profitability and an increased growth rate going forward. The Q3 results were affected by this process.
The Group reported total revenues of NOK 288.4 million for the third quarter and an operating loss of NOK 15.0
NHST MEDIA GROUP - QUARTERLY REPORT 2ND QUARTER 2019
The NHST Media Group is currently undergoing an extensive restructuring process aimed at ensuring an increased share of digital content revenues, improved profitability and an increased growth rate in the longer term. The results for Q2 2019 were affected by this process. The Group posted revenues of NOK 301.3 million and an operating profit
The first quarter for NHST Media Group reflects the transition to improve profitability, secure future digital revenues and increase growth. The changes affect every part of the organisation, in addition to revenues and results. The changes to the business portfolio in 2018 added digital subscription revenues and international growth, in line with the strategy going forward. In the first quarter,
The fourth quarter showed a decrease in profits with an EBITDA of MNOK 11.4 (20.1) and an EBITDA margin of 3.4% (5.8%). The decrease is primarily due to the development in Mynewsdesk and Norwegian Publication, as well as the amortisation of goodwill related to the Mention acquisition.
Operating revenues in the fourth quarter were MNOK 331 (348.1), down 5% on the same period last year. There was
Revenues in the third quarter were 3% up on the same period last year. The growth is due to a positive third quarter for advertising revenue, which rose 21% in the quarter. Digital advertising revenue was the main reason for the growth, but there was also a significant improvement in paper-based advertising for Global Publications. Subscription revenue fell by 2% in the quarter. Adjusted for exc
Revenues in the second quarter were stable.This is a result of the fact that growth in subscription and service revenues offset the decline in advertising revenue. Adjusted for the operations which were wound up in 2017, Nautisk Forlag had revenue growth in the second quarter. Revenues in Mynewsdesk before currency effects were stable in the second quarter. Subscription growth continued for the