NHST Media Group - Quarterly Report 2nd quarter 2018

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NHST Media Group - Quarterly Report 2nd quarter 2018

  • 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 publications at a rate of 4 %, while advertising revenue declined 7 %.
  • EBITDA before one-time expenses was NOK 31m, a decline of NOK 5m. All the business areas declined, but the largest decline was in Norske Publikasjoner and Mynewsdesk. Both were back NOK 3m.
  • After one-time expenses, EBITDA was NOK 25m in the second quarter and the operating profit in the second quarter was NOK 13m.

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Trond Sundnes

Trond Sundnes

Press contact CEO 91600214

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NHST Media Group - Quarterly Report 2nd quarter 2018
  • NHST Media Group - Quarterly Report 2nd quarter 2018
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The NHST Media Group aims to be the best and leading provider of business news in Norway and a world leader in the following three market segments: shipping, seafood, and oil & gas. All our publications are to be characterised by journalistic thoroughness and quality, as well as by an ability to find the exclusive news that will surprise and involve our readers.

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