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Result 2016

17.02.17

Customers’ needs were met by strengthening data and analytics services

Consolidated net revenue was EUR 103.4 million (EUR 104.9 million). The Visibility & Service Design business area’s net revenue grew by over 20 percent. The decline in consolidated net revenue was primarily due to the restructuring of the printing business in Sweden and the contraction of the net revenue of the Content business area.

Operating profit was EUR -14.3 million (EUR -0.2 million). The operating profit included a substantially larger amount of non-recurring items than in the previous year at a total EUR -12.4 million (EUR -0.2 million). Operating profit was weighed down mainly by costs of one-time measures of goodwill in the Visibility & Service Design and Content business areas. Operating profit excluding non-recurring items was EUR -1.9 million (EUR -0.1 million).

Equity ratio was 36.3 percent (48.6 percent). Net cash flow from operating activities was EUR 3.5 million (EUR 0.5 million).

Customers’ increasing needs for data and analytics services was met by acquiring a data management company CountQuest Interactive AB and by developing and recruiting talent in the area.

Visit reporting.nordicmorning.com for details

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