Estonia, Markets and Companies
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Thursday, 26.06.2025, 06:09
Ekspress Grupp loss made 12 mln kroons in Q1
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The turnover of the concern fell in a year by 12% to 183 mln kroons. "The change in sales has been drastic as compared to the previous year, but the difference from the previous period has declined from month to month,” the company said.
In the first quarter, the consolidated advertising sales have dropped by 12%, the retail sales by 28%, the sales of subscriptions by 11%. In the segment of periodicals, the sales as a whole have declined by 22%, in the online media segment by 6%. Growth in the sales of consolidated printing services has been moderate as compared to the previous year.
Despite a sales decline as compared to the same period in the previous year, the company's EBITDA totalled 18 million kroons, which is 164% higher than a year ago. Normalised EBITDA (exclusive of the extraordinary sales revenue of Rahva Raamat) amounted to 11.5 million kroons, which is 76% higher than a year ago.
Ekspress Grupp includes online portal Delfi, newspapers Eesti Ekspress, Eesti Päevaleht, Maaleht, Õhtuleht, magazine publishers Ajakirjade Kirjastus and Ekspress Leidyba, newspaper delivery firm Express Post and printing works Printall.
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