Financial results

Revenue grows slower at Schibsted

Revenue growth slowed noticably at most of Schibsted’s big online classified platforms (eg. Finn, Blocket and Leboncoin) from Q3 of FY2013 to Q3 of the current financial year, the company said today. Otherwise, it was pretty much “business as usual” for Schibsted in Q3 FY2014 – online’s share of total revenue grew at the expense of print, it’s share of the gross operating profit...

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HomeAdvisor revenue up 20 percent as IAC income triples

IAC, parent of  HomeAdvisor, just reported in Q3 2014 the home-improvement service marketplace veteran boosted its revenue year-over-year (YOY)  by 20 percent. Paying service providers jumped 30 percent since this time last year.  That good HomeAdvisor news resulted in a 17 percent  increase in IAC’s e-commerce category.  Overall IAC revenue grew 3 percent YOY, while net income more...

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Trulia to dump ListHub? Sounds that way

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‘Worst is over’ for U.K. regionals

Ashley Highfield, chief executive at Johnston Press, claimed yesterday’s Q3 performance showing a 40-percent growth in its digital audience, means “the worst is over”, and Suzy Young, data and journals director at Warc, appeared to agree. Warc is well known for its advertising revenue calculation work with the Advertising Association and, though Young would not want to appear...

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Sanoma’s Q3 online revenue grows in Finland; declines in Netherlands

The online and mobile revenue of Sanoma’s Consumer Business segment (including the classified businesses in Finland and the Netherlands, with the online auction platform Huuto and marketplace Oikotie) continued to grow in Finland, but declined sligthly in the Netherlands in Q3 FY2014 from the same period last year. The net sales of the online and mobile businesses of Sanoma in Finland amounted...

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TMG revenue down in Q3; cost cuts called insufficient

The third quarter of the current financial year was a disappointing one for Dutch publishing house Telegraaf Media Groep (TMG), which saw overall revenue drop 6.6 percent to €121.5 million ($155 million U.S.), and every single business unit ending with negative growth, TMG said (here). Revenue earned from advertising fell by 13.8 percent to €5.5 million, while circulation brought in 2.6...

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