The TV 2 Group AS announced the results for the second quarter of 2004 on August 11th:
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(Figures in NOK million)
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TV 2 Group AS
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YTD Q2 2004
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YTD Q2 2003
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Operating revenues
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870
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817
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Operating expences
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829
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725
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Operating profit
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41
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92
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Result from ass. companies
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-31
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-7
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Net financial items
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-3
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2
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Pretax profit
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7
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87
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Net profit/loss
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8
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89
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Schibsted ASA owns 33.3% of the TV 2 Group AS and Schibsted’s share of the net profit as of Q2 2004 amounts to NOK 3 million.
Oslo, August 12th 2004
Schibsted ASA
Gisle Glück Evensen
Investor Relations