North Media (One-pager): Expansion to Sweden via SDR Svensk Direktreklam acquisition
North Media recently published its full-year 2023 results. North Media took a significant step towards its Scandinavian ambitions with the acquisition of SDR Svensk Direktreklam in December 2023, Sweden’s largest distributor of unaddressed leaflets. The year saw revenues fall 4.6% with an EBIT margin compression of 3.3 percentage points against a backdrop of lower printed matter volumes, adversely affected by high paper prices in H1 2023, and consolidation among retailers. The company also outlined its greater international ambitions, pursuing a Scandinavian footprint in markets where attractive acquisitions with synergy potential can be found.
To learn more, watch the latest presentation of the 2023 annual results event hosted with North Media CEO Lasse Ingemann Brodt and CFO Kåre Stausø Wigh.
Link to event: https://www.inderes.dk/videos/north-media-praesentation-af-arsregnskabet-2023
Disclaimer: HC Andersen Capital receives payment from North Media for a digitalIR/Corporate visibility subscription agreement/ Philip Coombes 18:30 07.03.2024; updated 10:00 19.03.2024
North Media
North Media är en mediekoncern. Inom koncernen bedrivs huvudsakligen verksamhet för digitala produkter och tjänster, samt investeringar i värdepapper. En stor del av medieinnehållet är inriktat mot hushållstidningar. Utöver tryckta tidningar levereras även information via internet samt via egenutvecklade elektroniska system. Bolaget grundades under 1995 och har sitt huvudkontor i Söborg.
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