Brief: North Media Q1 EBIT Ex Items Down At DKK 25.3 Million

North Media A/S

02/05/2019 07:12

May 2 (Reuters) - North Media A/S  NORTHM.CO :
    * REG-NORTH MEDIA’S ACTIVITIES DEVELOPED AS EXPECTED IN Q1
2019 –
THE EXPECTATIONS FOR THE FINANCIAL YEAR 2019 ARE MAINTAINED AND
SPECIFIED
    * Q1 REVENUE DKK 263.9 MILLION VERSUS DKK 278.1 MILLION YEAR
AGO
    * Q1 EBIT EX ITEMS DKK 25.3  MILLION VERSUS DKK 29.6 MILLION
YEAR
AGO
    * FINANCIAL PERFORMANCE IN 2019 IS EXPECTED TO BE IN LINE
WITH
2018
    * FK DISTRIBUTION EXPECTS LOWER EARNINGS DUE TO REDUCED
VOLUME OF
PRINTED MATTER AND WEEKLY NEWSPAPERS
    * NORTH MEDIA ONLINE IS EXPECTED TO REALISE A EARNINGS
INCREASE
AND A PROFIT FOR FIRST TIME
    * EXPECTATIONS FOR FINANCIAL YEAR 2019 ARE MAINTAINED.

Source text for Eikon:  ID:nGNE7ZkYdW 
Further company coverage:  NORTHM.CO 

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