The TV 2 group today announced their accounts as at third quarter 2000:
Income statement (NOK million)
As at 3rd quarter 2000
Operating income: 1 072
Operating profit: 142
Net profit/Loss for the year: 155
As at 3rd quarter 1999
Operating income: 942
Operating profit: 16
Net profit/Loss for the year: (24)
Schibsted owns 33,3% of TV 2 and Schibsteds share of the net profit as at 3rd quarter 2000 amounts to appr. NOK 52 million.
More detailed information regarding TV 2s accounts and current projects is to be found in their own press release at www.tv2.no
Oslo, 25th October 2000
SCHIBSTED ASA
Mette D. Storvestre
Investor Relations Manager