Financial results

Classifieds with star performance at Axel Springer in FY2014

Media group Axel Springer released its results for FY2014 today (here), and the message was the same as we’ve heard for some time now: classifieds are our star performers. Axel Springer is organized in four divisions. In FY2014 all four divisions grew, but none as fast as the classifieds division. Consequently, its share of total revenue jumped to 17 percent (FY2013: 14.4 percent) and its share...

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Trinity Mirror reports small drop in classifieds revenue

blackjack games At Trinity Mirror revenue from digital classifieds was slightly down in FY2014. The U.K. media group released its annual results earlier this week. A four percent fall year-on-year was recorded by the general publishing division, which houses national jobs site Fish4Jobs (with all its sub-sites) since FY2014. And the specialist digital division, which houses many niche job sites...

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Belgium’s Corelio Group reports strong results

Corelio Group, shareholder of Het Mediahuis, reported net profit of €1.8 million ($2.1 million U.S.) for FY2014 – its year of transition. Corelio Group owns Belgium’s leading classified sites, including auto site Vroom.be, real estate site Zimmo.be, jobs site Jobat.be and dating site WeMatch (part of newspaper Nieuwsblad.be; not standalone). These sites have been part of Het Mediahuis...

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Revamp boosts Apartments.com traffic

CoStar Group is jumping into the hot U.S. residential rental listing competition with guns blazing, as its recent Apartments.com relaunch conference and earnings calls made clear. CoStar co-founder, CEO and President Andy Florance told the fourth quarter and 2014 end-of-year earnings call audience that since its mid-February relaunch week-over-week visits to Apartments.com  already were up 23...

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In France Spir reports a loss for FY2014

Spir Communication made a net loss of €51.2 million ($58 million U.S.) in FY2014. The news dragged the stock price down 12.3 percent to €16.40 on Tuesday. Even though the FY2014 loss was 7.9 percent lower than the loss incurred in FY2013. According to analysts, the main concern was the non-recovery of the printed advertising division. The losses of this division continued to increase over the...

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Agora’s online division grew revenue in FY2014, but…

The Polish media group Agora SA reported its Internet division* grew revenue 14.1 percent and profit 18.1 percent in FY2014 from FY2013. Revenue of Agora’s Internet division amounted to 36.7 million Polish zloty ($10 million U.S.) in Q4 of FY2014. Included in this number was revenue from online advertising (29.2 million Polish zloty; 19.7 percent more than in Q4 of FY2013), and vertical...

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