28/02/2019 02:30:38

New Chief Executive Officer to be appointed to North Media Aviser

Company announcement no 03-19

27 February 2019

Over the last couple of years, North Media Aviser has adjusted its editions so as to now focus on Copenhagen and North-East Zealand. Furthermore, the frequency of weekly newspapers has been reduced to one weekly mid-week newspaper.

The potential for operating a profitable weekly newspaper business in Copenhagen and North-East Zealand is good. Copenhagen is Denmark’s absolute growth area and an attractive place for issuing weekly newspapers, and like other major provincial towns Elsinore provides a really fine basis for issuing both dailies and weeklies.

We are not in agreement on the strategy for North Media Aviser, and arrangements have been made today in this respect that Gorm Wesing Flyvholm will step down as Chief Executive Officer of North Media Aviser A/S and member of the Executive Board of North Media A/S.

”Gorm Wesing Flyvholm has put great efforts into North Media Aviser and we thank him for that. Steen Gede, who is member of the Board of Directors of North Media A/S and North Media Aviser A/S, has been temporarily appointed Chief Executive Officer until a new Chief Executive Officer is engaged”, says Chairman Mads Dahl Andersen.

This change in Management does not affect the Group’s earnings expectations. North Media A/S still expects revenue for 2019 to range between DKK 1,100 million and DKK 1,160 million and EBIT before special items to be between DKK 95 million and DKK 125 million.

For further information

Chairman of the Board of Directors Mads Dahl Andersen, mobile +45 20 42 09 85.

logo.jpg

Related content
03 Sep - 
Disclosure of managers’ and closely related parties’ tr..
15 Aug - 
Correction: Interim Report 2019 - North Media A/S impro..
15 Aug - 
Interim Report 2018 - North Media A/S improve earnings ..
Related debate
04 Sep - 
Men, hvis man er bange for en aktienedtur er den dum at..
04 Sep - 
Formandens seneste køb af North Media-aktier, bringer h..
04 Sep - 
North Media tjener gode penge hver dag - og de sidste p..
Del

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
UPDATE - Yoko Ono and John Lennon Educational Tour Bus “Imagine A City With No Gun Violence!”
2
Translate Bio Announces Pricing of Public Offering of Common Stock
3
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SAExploration Holdings, Inc. - SAEX
4
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Pluralsight, Inc. - PS
5
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Nektar Therapeutics - NKTR

Related stock quotes

North Media A/S 36,30 1.4% Stock price increasing
North Media Ord Shs 36.30 1.4% Stock price increasing

Latest news


Copyright Berlingske Media 2019  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
18 September 2019 17:20:24
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20190829.2 - EUROWEB2 - 2019-09-18 18:20:24 - 2019-09-18 17:20:24 - 1000 - Website: OKAY