Revenue drops at North Media in H1

06 Aug 2015
Denmark's North Media reported a revenue drop of four percent in H1 of FY2015, from DKK 535 million in the same period last year to DKK 512 million ($75 million U.S.). The EBIT dropped to -DKK 3.5 million in H1, from DKK 26.7 million. In other words, a drop of DKK 30 million from last year.But, the revenue and EBIT drop were expected, the company said.North Media is Denmark's leading publisher

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Lars Herlin

Lars Herlin is an AIM Group senior analyst for Europe, and our expert on Schibsted. He had a long career in journalism at Expressen, Svenska Dagbladet and VeckansAffärer, and served as managing editor and later managing director of Gotlands Allehanda.