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NHST Media Group - Quarterly Report fourth quarter 2014

Highlights

  • Group revenues amounted to MNOK 327 in the fourth quarter and were consequently marginally up on Q4 2013
  • Circulation revenue increased by 4 % in the quarter, advertising revenue was down 12 %, while service revenue increased by 14 %
  • EBITDA were MNOK 15 against MNOK 0 in Q4 2013. The quarter ended with an operating profit (EBIT) of MNOK 4 against an operating loss of MNOK 11 for the same period in 2013
  • The quarter showed a revenue increase of 3 % for Global, 22 % for Nautical Charts and 16 % for Direct Relations, whereas DN had a revenue decline of 5 %
  • Global, Nautical Charts and the Other business areas segment all showed improved operating results, while DN posted an operating profit on level with Q4 2013.
  • Accumulated full year revenues ended at MNOK 1 235
  • The accumulated operating result was a loss of MNOK 10 for the full year mostly driven by weak markets in Q2 and Q3
  • The board will not propose a dividend for 2014
  • The Group saw digital revenue growth of 14 % in the quarter and is taking on an extensive digital development journey – from product development to competence development, but hard copy products continue to retain important positions

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Contacts

Trond Sundnes

Trond Sundnes

Press contact CEO 91600214

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A leading business news provider

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.

NHST Media Group

Christian Kroghs gate 16
PO Box 1182 Sentrum, N-0107 Oslo, Norway

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