MEDIA NORGE MEDIA HOUSES ex. Finn (MNOK)
|Advertising revenues, print
|Circulation revenues, print
|Gross operating profit (EBITDA) before share of profit (loss) from associated companies
|Gross operating margin (EBITDA)
Media Norge comprise four media houses: Aftenposten, Bergens Tidende, Stavanger Aftenblad and Fædrelandsvennen. Finn.no is organizationally part of Media Norge but is reported as part of the online classifieds business area. 2011 was the first full year of operation for Media Norge Trykk, which comprise five operative printing entities in Oslo, Bergen (2), Stavanger and Kristiansand.
In 2011 Aftenposten, Bergens Tidende and Stavanger Aftenblad improved their operating profits as a result of efficient cost control and increased advertising and other operating revenues. Fædrelandsvennen increased the operating revenues in 2011 but also had higher costs. At the same time the results for the online newspapers continued to improve, both financially and in terms of readership.
In May 2011 the merger between Schibsted ASA and Media Norge was completed in order to consolidate the vital work on developing the group and the media houses.
- New editorial system put into production in all the media houses.
- Ongoing project in advertisement production and sales.
- The printing group Media Norge Trykk AS was established.