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