Estonia, Good for Business, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Thursday, 29.05.2025, 08:13
Ekspress Grupp earns EUR 179,000 profit in Q1
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The group's sales turnover grew by 8% to EUR 14.2 million.
The group’s operating profit, excluding the net extraordinary gain in relation to the acquisition of Eesti Päevalehe AS, amounted to EUR 755,000, which is 36% more than last year. EBITDA increased by 16% and totalled EUR 1,614,000.
The group’s revenue for the first quarter exceeded the budget by 4% and EBITDA was better than the budget by 47%. The EBITDA margin increased by 0.8 percentage points.
All segments earned a profit in the first quarter. The online media segment showed the strongest results with its EBITDA growth being the highest among the segments. While online media had a loss of EUR 37,000 in the 1st quarter of last year, it earned now a profit of EUR 238,000, thus increasing by EUR 275,000. The sales of online media increased by 18%, which also led to an increase in the share of online media in the group’s total sales, i.e. from 14.1% to 15.4%.
In the periodicals segment, all companies had weaker results than last year. The results of the periodicals segment are still impacted by lower sales from book publishing. The segment's EBIDTA fell by 85% to EUR 21,000. Sales grew 4%.
In the printing services segment, there were no significant changes, revenue increased by 14% and EBITDA growth was 2%.
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