The TV 2 Group AS announced their 1st quarter 2003 results on May 5th, 2002:
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(Figures in NOK 1,000)
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TV 2 Group AS
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Q1 2003
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Q1 2002
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Operating revenues
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375 159
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353 290
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Operating expences
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374 900
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381 487
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Operating profit
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259
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-28 197
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Result from ass. companies
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-3 831
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-14 541
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Andel resultat tilknyttede selskaper
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Net financial items
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-4 700
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2 500
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Profit before taxes
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-8 272
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-40 238
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Taxes
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-1 029
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-7 710
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Minority interests
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124
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84
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Net profit/loss
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-7 119
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-32 444
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Schibsted ASA owns 33.3% of the TV 2 Group AS and Schibsted’s share of the net loss of Q1 2003 amounts to NOK 2.4 million.
Oslo, May 5th 2003
Schibsted ASA
Elisabeth Blom Tindlund
Investor Relations Officer