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Polaris Media ASA ( (DE:93J) ) has issued an announcement.
Polaris Media ASA reported a decrease in EBITDA by 10 million kroner for the first quarter of 2025, despite a 5% increase in user revenues driven by digital growth. The decline is attributed to reduced advertising revenues and a negative contribution from its investment in Helthjem Netthandel. The company has implemented efficiency measures to curb cost growth, and its acquisition of additional shares in Stampen Media strengthens its position in the Swedish market. With a solid financial position, Polaris Media aims to pursue further growth opportunities.
More about Polaris Media ASA
Polaris Media ASA operates in the media industry, focusing on digital and paper-based media services in Norway and Sweden. The company is involved in digital subscriptions, advertising, and distribution services, and it has a significant presence in the Swedish market through its ownership in Stampen Media.
Average Trading Volume: 16,084
Current Market Cap: NOK4.9B
For detailed information about 93J stock, go to TipRanks’ Stock Analysis page.