Aftonbladet increases cover price

Schibsted ASA (SCH) , Published 16/05/2011 08:43:05

Aftonbladet has decided to increase the cover price of the Monday to Saturday editions from SEK 11.00 to SEK 12.00 with effect as of today, 16 May 2011.

 

The price increase will have a positive 12 months effect on the EBITDA of approximately SEK 60-70 million, based on an unchanged circulation decline rate.

 

Contact person:
Trond Berger, CFO. Tel: +47 916 86 695

 

 

Oslo, 16 May 2011
SCHIBSTED ASA

 

Jo Christian Steigedal
VP Investor Relations

 

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)