North Media (One-pager): Guidance trimmed following Q1 2024
Read the latest North Media One-pager which includes a brief description of North Media, an update to the company’s development thus far in 2024, latest financials, valuation perspectives relative to a peer group, and several key investment risks and key investment reasons.
North Media acquired SDR Svensk Direktreklam at the end of 2023, and has potential to realise synergies via its packing technology. However, growth was slower than expected in Q1 2024, leading to a trimming of the full year guidance taking down the top end of both revenue and EBIT expectation for the full year. On a valuation basis, and particularly from an enterprise value perspective, North Media still trades at significant discounts to its peer group.
To learn more about North Media, its performance YTD, and outlook for 2024 and beyond, read the full one-pager or catch up on the latest Q1 2024 presentation with North Media CFO Kåre Stausø Wigh.
Disclaimer: HC Andersen Capital receives payment from North Media for a DigitalIR/corporate visibility subscription agreement. / Philip Coombes 12:20 10.07.2024
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 1995 och har sitt huvudkontor i Söborg, Danmark.
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