North Media

Earnings Release • Jun 25, 2019

North Media A/S adjusts 2019 expectations upwards

North Media A/S adjusts 2019 expectations upwards

Company announcement no 12-19

25 June 2019

North Media A/S adjusts expectations upwards. EBIT expectations before special items are increased to be between DKK 120 million and DKK 140 million compared to previously between DKK 105 million and DKK 125 million. This upward adjustment results primarily from larger volumes of printed matter and cost savings at FK Distribution and a generally better development in earnings from other activities.

Group revenue for 2019 is expected unchanged to range between DKK 1,110 million and DKK 1,160 million.

The Company’s Interim Report 2019 is expected to be published on Thursday, 15 August 2019.

For further information

Kåre Wigh, Group Executive Director & CFO, mobile +45 25 65 21 45.