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NHST Media Group - Quarterly Report 4th quarter 2019

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NHST Media Group - Quarterly Report 4th quarter 2019

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  • NHST Media Group CEO Hege Yli Melhus Ask

    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