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NHST GROUP’S QUARTERLY REPORT FOR SECOND QUARTER 2023

NHST GROUP’S QUARTERLY REPORT FOR SECOND QUARTER 2023

NHST GROUP’S QUARTERLY REPORT FOR SECOND QUARTER 2023

• Total revenues for the group were NOK 284.0 million in the second quarter 2023 vs NOK 269.9 million in the second quarter 2022.
• Revenues for the media segment were 2.3 per cent higher than in 2022. The growth was predominantly driven by currency impacts on sales in foreign currencies. The growth in digital subscription revenues

NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2023

NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2023

• Revenues for the media segment in the quarter were 3.4 per cent higher than the year before. The digital subscription growth continued. Advertising and commercial services revenues increased by 11.7 per cent despite a general contraction in the advertising market.
• EBITDA for the quarter was minus NOK 14.7 million, a reduction of NOK 6.1 million compared to the year before.
• For the Sa

NHST GROUP’S DEVELOPMENT IN THE FOURTH QUARTER OF 2022

NHST GROUP’S DEVELOPMENT IN THE FOURTH QUARTER OF 2022


• Total revenues for the Group were NOK 287.7 million in the fourth quarter of 2022, which was 0.6 percent lower than the fourth quarter 2021.

• Revenues for the media segment in the quarter were 1.3 per cent lower than the year before. The digital subscription growth continued although at a lower rate than earlier in the year. Total user revenues increased by 3.1% compared to quarter f

NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2022

NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2022

The Group is experiencing challenging market conditions as a result of macroeconomic slowdown in Europe, historically high energy prices and the highest inflation levels seen for a decade. But in light of these events, the need for independent high-quality journalism is higher than ever.

NHST launches new international Hydrogen-publication

NHST launches new international Hydrogen-publication

NHST Media Group - the Norwegian business news publisher - has today introduced a new title to its energy portfolio with the launch of Hydrogen Insight. Hydrogen Insight has been spun-off from NHST’s renewable-energy publication Recharge, with the aim to become the most read and respected brand covering the rapidly growing hydrogen industry.

NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2022

NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2022

• Stable revenues in the media business segment.
• Underlying revenue growth for the SaaS segment, but a stronger NOK leads to lower reported revenues in the segment.
• The media businesses and the SaaS businesses are both investing in product and organizational development.
• Group EBITDA was minus NOK 8,7 million for the quarter.
• New organization structure for the media segme

NHST GROUP’S DEVELOPMENT IN THE FOURTH QUARTER OF 2021

NHST GROUP’S DEVELOPMENT IN THE FOURTH QUARTER OF 2021

• 4 per cent increase in user market revenues in the media businesses
• 15.6 per cent increase in advertising market in the fourth quarter
• The media businesses and the SaaS businesses are both investing in product and organizational development
• Group revenues increased by 2.7 per cent compared to quarter four, 2020
• Group EBITDA was NOK 8.9 million for the fourth quarter and NOK 6

NHST Group’s development in the THIRD quarter of 2021

NHST Group’s development in the THIRD quarter of 2021

The recovery of NHST Media Group’s markets continued during the third quarter, contributing to improved income from digital subscriptions. Revenues from advertising and events were significantly higher than in the third quarter last year.
Total revenues for the Group ended at NOK 265.0 million for the quarter, compared with NOK 255.5 million in the third quarter 2020. Group EBITDA for the quar

NHST GROUP’S DEVELOPMENT IN THE SECOND QUARTER OF 2021

NHST GROUP’S DEVELOPMENT IN THE SECOND QUARTER OF 2021

Most of the NHST Media Group’s businesses saw a positive development in revenues and profit in the second quarter of 2021. The group’s most important markets showed improvement. Positive development in subscription revenues and increased advertising revenues in the media segment contributed to an increase in the group's operating profit before depreciation and amortisation (EBITDA). This progress

NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2021

NHST GROUP’S DEVELOPMENT IN THE FIRST QUARTER OF 2021

NHST Media Group continued its efforts to strengthen the group’s market positions in the first quarter of 2021, through a continued digitalisation of the revenues, supported by product improvements and new digital services.
The group’s operating revenues amounted to NOK 256.0 million for the first quarter, corresponding to a 9.0 per cent decrease from the first quarter of 2020. Adjusted for th

Trond Sundnes (46) appointed new CEO of NHST Media Group

New group CEO appointed for NHST Media Group

The Board of Directors of NHST Media Group has appointed Trond Sundnes (46) as the new Group CEO. He´s main responsibilities will be the Norwegian and international media publications and group functions. He takes the role after being CEO of NHST Global Publications and has previously held various positions in the group since 2007.
“Trond has been decisive for the digital transformation of bot

NHST GROUP’S DEVELOPMENT IN THE FOURTH QUARTER OF 2020

NHST GROUP’S DEVELOPMENT IN THE FOURTH QUARTER OF 2020

During the fourth quarter, NHST Media Group achieved an increase in the sale of digital products and services, and the group’s publications continue to experience a strong demand for news. New products and services launched in the second half of 2020, such as the investment fund game Fantasyfond, newsletters targeted towards the energy industry, product enhancements in Mynewsdesk and webinars host

Hege Yli Melhus Ask resigns as Group CEO of NHST Media Group

Hege Yli Melhus Ask resigns as Group CEO of NHST Media Group

HegeYliMelhus Ask has resigned her position with NHST Media Group.
- Hege has done a very good job as Group CEO and has led NHST Media Group through two challenging years. We would have preferred for her to stay on longer, but we of course respect her decision. A process to recruit her successor has begun, says Anette Olsen, Chair of the Board of Directors of NHST Media Group.
Olsen points o

NHST Media Group - QUARTERLY REPORT FOR THIRD QUARTER 2020

NHST Media Group - QUARTERLY REPORT FOR THIRD QUARTER 2020

NHST GROUP’S DEVELOPMENT IN THE THIRD QUARTER OF 2020

Several of the business units in NHST Media Group had a positive development of new digital products and services, but the Covid-19 pandemic and related uncertainty in the Norwegian and international economy continued to characterise the group’s results in the third quarter.
User revenues decreased 7 per cent in the quarter compared t

Photo: Mikaela Berg/DN

NHST Media Group appoints new Group Chief People Officer

Helga Bollmann Leknes (48) has been appointed Chief People Officer of NHST Media Group, effective 17 August.
Leknes will join the Group Management of NHST Media Group and report to Group CEO Hege Yli Melhus Ask.
- Helga has a solid experience from strategic and operational HR as well as business leadership of large international corporations. Her competence and role will be very important to

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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

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PO Box 1182 Sentrum, N-0107 Oslo, Norway

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