• Home
  • About
  • advert
  • Contact us
Tuesday, January 19, 2021
  • Login
  • Register
Wac News
web hosting
ADVERTISEMENT
  • Home
  • World News
    • Business
      • Technology
      • sciences
  • Game News
  • Lifestyle
  • Politics
  • Social
  • Sports
  • Contact US
No Result
View All Result
Wac News
No Result
View All Result
Wac News
No Result
View All Result
Home Media

North Media delivering Q1 earnings improvement Copenhagen Stock Exchange:NORTHM

Jacque Colbert by Jacque Colbert
May 7, 2020
in Media
433 8
0
North Media delivering Q1 earnings improvement Copenhagen Stock Exchange:NORTHM
611
SHARES
3.4k
VIEWS
Share on FacebookShare on Twitter

Announcement no. 17-2020
7 Could 2020

Earlier at the moment, the Board of Administrators of North Media A/S authorized the interim report for the primary quarter of 2020. Highlights of the report (Q1 2019 comparative numbers in brackets):

Good progress in first quarter regardless of the sure affect from the COVID-19 disaster

  • Income of DKK 275 million (DKK 264 million). 5% development generated by persevering with operations.
  • North Media has saved all operations going because the COVID-19 outbreak, whereas adapting to the circumstances.
  • EBIT earlier than particular gadgets improved to DKK 63 million (DKK 25 million). The revenue margin improved to 22.9% (9.6%).
  • Sturdy earnings enchancment by FK Distribution pushed by effectivity enhancements, together with transfer from two to 1 weekly distribution spherical.
  • North Media On-line trebled earnings, pushed by sustained development in on-line visitors and within the provide of rental housing items on BoligPortal.
  • BEKEY’s core section Homecare produced a revenue for the primary time. 
  • As beforehand introduced, North Media Aviser was divested efficient from 1 Could 2020.  

Capital sources remaining stable

  • Capital sources of DKK 471 million at March 31, 2020, as in contrast with DKK 485 million at 31 December 2019.
  • Sturdy money flows from working actions virtually offset the consequences of the unrealised loss on securities and share buybacks in the course of the quarter.
  • Adverse return on securities portfolio of DKK 45 million within the first quarter.
  • In April, the securities portfolio offered a optimistic return of DKK 51 million.  

Up to date steerage for 2020  

  • North Media now guides for EBIT earlier than particular gadgets in step with the 2019 determine of DKK 160 million. The complete-year steerage had been suspended on account of COVID-19 since 18 March.
  • As a result of COVID-19, market developments are topic to appreciable uncertainty, particularly in some elements of the retail sector.

    
“We’ve had begin to the yr. FK Distribution has transitioned from two to 1 weekly distribution spherical sooner than we had anticipated, and Boligportal and BEKEY have each retained their sturdy momentum. Nonetheless, COVID-19 is inflicting plenty of market uncertainty, and FK Distribution has seen a slight drop in leaflet volumes because the outbreak. It’s tough to foretell how the remainder of the yr will unfold, however based mostly on present tendencies, we consider an working revenue in step with the 2019 determine is life like,” stated Kåre Wigh, Group Government Director & CFO.

For additional info, please contact: 
Kåre Stausø Wigh, Group Government Director & CFO, cell +45 25 65 21 45

This doc is an unofficial translation of the Danish authentic. Within the occasion of any inconsistencies, the Danish model shall apply.

  • 17-20 Q1 2020 delårsrapport UK

— to www.globenewswire.com

You might also like

Federal Death Row Inmate Granted Stay | News

Harper College Will Stay Remote After Winter Break

Hank Adams, The ‘Most Important Indian,’ Dies At 77

web hosting
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Previous Post

Right time for politics | Opinion

Next Post

Fortnite Downtime: Epic Games Fortnite servers shutting down, new update news | Gaming | Entertainment

Jacque Colbert

Jacque Colbert

Related Posts

Federal Death Row Inmate Granted Stay | News
Media

Federal Death Row Inmate Granted Stay | News

by Jacque Colbert
December 25, 2020
Harper College Will Stay Remote After Winter Break
Media

Harper College Will Stay Remote After Winter Break

by Jacque Colbert
December 25, 2020
Hank Adams, The ‘Most Important Indian,’ Dies At 77
Media

Hank Adams, The ‘Most Important Indian,’ Dies At 77

by Jacque Colbert
December 25, 2020
Nexstar Media Group and Dish Network reach multi-year distribution agreement
Media

Nexstar Media Group and Dish Network reach multi-year distribution agreement

by Jacque Colbert
December 25, 2020
Review: ‘Wonder Woman 1984’ offers some good stuff
Media

Review: ‘Wonder Woman 1984’ offers some good stuff

by Jacque Colbert
December 25, 2020
Next Post
Fortnite Downtime: Epic Games Fortnite servers shutting down, new update news | Gaming | Entertainment

Fortnite Downtime: Epic Games Fortnite servers shutting down, new update news | Gaming | Entertainment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Donation

Your total amount is : 5.00 (Currency: USD)

web hosting

Recommended

Fruit flies reveal first known social cue of safety

Fruit flies reveal first known social cue of safety

August 21, 2020
Irreverent Christmas tale is Zach Pullen’s latest exhibition to be featured at Scarlow’s Gallery in Casper

Irreverent Christmas tale is Zach Pullen’s latest exhibition to be featured at Scarlow’s Gallery in Casper

November 22, 2020

Navigation

Don't miss it

Kentucky’s health care tech, products manufacturing industry make key contributions in COVID fight
Tech

Kentucky’s health care tech, products manufacturing industry make key contributions in COVID fight

December 26, 2020
Biden’s dogs Champ, Major featured in Christmas Eve video
Featured

Biden’s dogs Champ, Major featured in Christmas Eve video

December 26, 2020
Graham praises Trump’s ‘reasonable demands’ for $2K COVID checks, nullifying Big Tech protections
Tech

Graham praises Trump’s ‘reasonable demands’ for $2K COVID checks, nullifying Big Tech protections

December 26, 2020
Trump complains that Melania has not featured on a single major magazine cover while First Lady
Featured

Trump complains that Melania has not featured on a single major magazine cover while First Lady

December 26, 2020
Tech company using football simulators to prepare athletes
Tech

Tech company using football simulators to prepare athletes

December 25, 2020
Best of 2020: 5 eateries ‘Community Impact Newspaper’ featured in Lake Travis-Westlake area
Featured

Best of 2020: 5 eateries ‘Community Impact Newspaper’ featured in Lake Travis-Westlake area

December 25, 2020

Receive our newsletters

User Information
Subscription
Newsletters

See all newsletters

Newsletters

web hosting

Categories

  • Business
  • Featured
  • Game News
  • Lifestyle
  • Media
  • Politics
  • sciences
  • Social
  • Sports
  • Tech
  • Technology
  • Uncategorized
  • Videos
  • World
  • World News

Donate

Recent News

Kentucky’s health care tech, products manufacturing industry make key contributions in COVID fight

Kentucky’s health care tech, products manufacturing industry make key contributions in COVID fight

December 26, 2020
Biden’s dogs Champ, Major featured in Christmas Eve video

Biden’s dogs Champ, Major featured in Christmas Eve video

December 26, 2020
May 2020
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
    Jun »
  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

© 2020 Wac News

No Result
View All Result
  • Home
  • World News
    • Business
      • Technology
      • sciences
  • Game News
  • Lifestyle
  • Politics
  • Social
  • Sports
  • Contact US

© 2020 Wac News

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
✕
WAC NEWS

FREE
VIEW