Estonia, Internet, Markets and Companies

The printing services segment, where the sales increased by 22.6%, was the largest contributor to the growth. Continuously, good performance in export markets give a positive effect, LETA informs.

The online media segment increased by 6.4%. The main reason for the more modest growth than usual was the local election ads increasing last year's reference base. For the first time, Delfi Latvia has managed to show a proper growth, increasing by 11% compared to the same period previous year. Delfi Estonia is the only company in the local advertising market showing growth compared to last year, increasing sales by 7.2% and therefore beating the market.

In the periodicals segment, the advertising sales continue to decline (partly this is also due to last year's reference base including local election ads), therefore the segment sales decreased by 13.2% compared to the same period last year. However, the Estonian magazine publisher has shown growth.