Brief: North Media Reports H1 EBIT Before Special Items Of DKK 122 Mln Versus DKK 69 Mln

North Media A/S

19/08/2020 18:16

Aug 19 (Reuters) - North Media A/S  NORTHM.CO :
    * REG-INTERIM REPORT Q2 - EARNINGS IMPROVEMENT, GUIDANCE UPDATED, AND DIVIDEND
    * H1 EBIT BEFORE SPECIAL ITEMS OF DKK 122 MILLION VERSUS DKK 69 MILLION
    * H1 CONSOLIDATED REVENUE LARGELY UNCHANGED AT DKK 510 MILLION (DKK 511 MILLION)
    * H1 EBIT MARGIN IMPROVED TO 23.9% VERSUS 13.5%
    * H1 NET PROFIT WAS DKK 138 MILLION VERSUS DKK 112 MILLION
    * EXPECTS EBIT IN RANGE OF 215-245 FOR FY 2020 EBIT COMPARED WITH DKK 166 MILLION IN 2019
    * CONSOLIDATED FY 2020 REVENUE IS NOW EXPECTED IN RANGE OF DKK 1,005-1,045 MILLION COMPARED
WITH
DKK 1,045.6 MILLION IN 2019
    * EXPECTS EBIT IN RANGE OF 215-245 FOR FY 2020

Source text for Eikon:  ID:nGNE7YMwZR 
Further company coverage:  NORTHM.CO 

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