Brief: North Media Raises Outlook For 2019 EBIT Ex. Items

North Media A/S

06/11/2019 15:34

Nov 6 (Reuters) - North Media A/S  NORTHM.CO :
    * REG-NORTH MEDIA ADJUSTS 2019 EXPECTATIONS UPWARDS
    * EBIT BEFORE SPECIAL ITEMS IS NOW EXPECTED TO RANGE BETWEEN
DKK
145 MILLION AND DKK 160 MILLION COMPARED TO PREVIOUS EXPECTATION
OF BETWEEN DKK 120 MILLION AND DKK 140 MILLION
    * REVENUE EXPECTATIONS FOR 2019 ARE SPECIFIED AT A RANGE OF
DKK
1,110 MILLION TO DKK 1,140 MILLION.
    * PREVIOUSLY, REVENUE EXPECTATIONS RANGED BETWEEN DKK 1,110
MILLION AND DKK 1,160 MILLION.
    * UPWARD ADJUSTMENT IS PRIMARILY ATTRIBUTABLE TO CONTINUED
OPERATION OPTIMISATIONS IN FK DISTRIBUTION HAVING HAD A GREATER
EFFECT THAN EXPECTED IN Q3 AND AN EXPECTATION OF THIS
DEVELOPMENT CONTINUING IN Q4

Source text for Eikon:  ID:nGNE7qszGN 
Further company coverage:  NORTHM.CO 

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