The TV 2 Group AS announced the results for the second quarter of 2004 on August 11th:
(Figures in NOK million) | TV 2 Group AS | |
YTD Q2 2004 | YTD Q2 2003 | |
Operating revenues | 870 | 817 |
Operating expences | 829 | 725 |
Operating profit | 41 | 92 |
Result from ass. companies | -31 | -7 |
Net financial items | -3 | 2 |
Pretax profit | 7 | 87 |
Net profit/loss | 8 | 89 |
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