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North Media A/S (NORTHM.CO)

NORTHM.CO on Copenhagen Stock Exchange

16.10DKK
4:53am EDT
Change (% chg)

kr.0.00 (+0.00%)
Prev Close
kr.16.10
Open
kr.16.10
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kr.16.10
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kr.16.10
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kr.12.10

Latest Key Developments (Source: Significant Developments)

North Media EBIT ex items down at DKK 10.5 million
Thursday, 9 Feb 2017 02:00am EST 

North Media A/S : Q4 revenue 242.2 million Danish crowns ($34.78 million) versus 272.8 million crowns year ago . Q4 EBIT ex items 10.5 million crowns versus 15.8 million crowns year ago . Board of Directors recommend that no dividend be paid for 2016 . Says unsatisfactory performance in 2016, indications are that recent years' declines in earnings will stop in 2017 . Sees 2017 group revenue of 865 million - 910 million crowns .Expected group EBIT before special items for 2017 to be negative of between 5 million to 30 million crowns.  Full Article

North Media H1 EBIT ex-items loss widens to DKK 25.0 million
Thursday, 18 Aug 2016 02:00am EDT 

North Media A/S : H1 EBIT ex-items loss 25.0 million Danish crowns versus loss 3.5 million crowns year ago . H1 revenue 430.9 million crowns versus 511.6 million crowns year ago . Revenue expectations range for group has been reduced to now be between 860 million - 895 million crowns .EBIT ex-items is expected to remain unchanged between a negative 25 million and negative 55 million crowns.  Full Article

North Media Online A/S invests in Lix Technologies ApS
Thursday, 30 Jun 2016 05:56am EDT 

North Media A/S : North Media Online A/S invests in Lix Technologies Aps . Invests total of 18 million Danish crowns ($2.69 million) in 20 stake in Lix Technologies . Says earnings expectations for financial year 2016 remain unchanged .Lix Technologies operates platform www.lix.com which gives students access to books that can be bought at lower prices than via usual channels and where they can take and share notes.  Full Article

North Media Aviser restructures Søndagsavisen to restore profitability
Tuesday, 28 Jun 2016 08:29am EDT 

North Media A/S : North Media Aviser A/S restructures Søndagsavisen to restore profitability and to be in a stronger position in the new media market . Restructuring will reduce costs by about 20 million Danish crowns ($3 million) . Says restructuring will result in special cost items of about 8 million crowns in 2016 . As part of the restructuring of Søndagsavisen, expectations are that 25-30 jobs will be cut . Unchanged earnings expectations for FY 2016 . Still sees group revenue between 865 million - 915 million crowns and EBIT ex-items between a negative 25 million and negative 55 million crowns .In May 2016, North Media Aviser divested six local editions of Søndagsavisen and its equity interest in A/S Vestsjællandske Distriktsblade to Sjællandske Medier.  Full Article

North Media: Olav W. Hansen owns 2 mln shares in company
Thursday, 26 May 2016 10:16am EDT 

North Media A/S :Says has received notice that Olav W. Hansen as of May 26 directly and indirectly owns a total of 2,006,186 shares in North Media A/S, which is 10.003 pct of the share capital and the voting rights.  Full Article

North Media comments on FY 2016 guidance
Wednesday, 4 May 2016 01:59am EDT 

North Media A/S:Sees EBIT before special items to range from a negative 55 million Danish crowns to negative 25 million crowns for FY 2016.Sees FY 2016 revenue to range between 865 million crowns and 915 million crowns.  Full Article

North Media A/S sells equity interest in A/S Vestsjaellandske Distriktsblade
Monday, 2 May 2016 02:59am EDT 

North Media A/S:Sold a number of editions of Søndagsavisen and equity interest in A/S Vestsjællandske Distriktsblade for a total selling price of 41.75 million Danish crowns to Sjællandske Medier.  Full Article

North Media issues guidance for FY 2016
Thursday, 11 Feb 2016 02:00am EST 

North Media A/S:Sees revenue of 880 million - 930 million Danish crowns in FY 2016.Sees FY 2016 EBIT to be loss of between 20 million to 50 million crowns.  Full Article

North Media A/S to be organised in four business lines, CEO resigns
Thursday, 26 Nov 2015 09:21am EST 

North Media A/S:The North Media A/S Group to be organised in four lines of business, each with their own focus.Group will be organised in four business lines with related subsidiaries: FK Distribution A/S, North Media Aviser A/S, North Media Online A/S and BEKEY A/S.CEO Lars Nymann Andersen has decided to resign as part of change in group structure.From Jan. 1, 2016 CFO Kaare Wigh will be CEO on new Executive Board.  Full Article

North Media comments on FY 2015 guidance
Thursday, 5 Nov 2015 01:59am EST 

North Media A/S:FY 2015 revenue is expected to range from 1.00 billion Danish crowns to 1.02 billion crowns.FY 2015 group EBIT is expected to range from a negative 15 million crowns to 0 million crowns.  Full Article

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BRIEF-North Media EBIT ex items down at DKK 10.5 million

* Q4 revenue 242.2 million Danish crowns ($34.78 million) versus 272.8 million crowns year ago