Tag: Financial results

Ambitious goals for classifieds at TME

by Christo Volschenk When Trader Media East (TME) released its 3Q results on 3 November, CEO Ahmet Özer announced ambitious goals for the classified businesses in his company. His primary goal: the online division's share in total company revenue must climb from 18 percent in 2011 to over 50 percent in 2015. For that to happen, the revenue of TME's online divisi

Digital ever stronger at Axel Springer

by Christo Volschenk The digital division of German media group Axel Springer increased its share in total group revenue again in the third quarter of the financial year, growing its revenue faster than the rest of the group. In the first nine months to end September group revenue amounted to €2,3 billion ($3,2 billion U.S.), which was 12 percent higher than in the same period of

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