Annual Reports Archives - NHST Holding

Annual report 2024

mariusgrondahl — Thu, 22 May 2025 18:06:45 +0000

2024 was an active year for financially oriented news media with major events on the global scene, in Norway and in the Group`s industry niches that stimulated interest in high quality news and commentary. The NHST Group achieved significantly improved financial results compared to 2023, EBITDA margin at 7.9 per cent vs 0.5 per cent for 2023.

User revenue growth continued in the media business, with a positive development for digital revenues which grew by 19.3 per cent compared to the year before.

Revenues from advertising and commercial services recovered in the second half year, after several years of negative development.

Cost control was exercised across the Group. The staffing level measured as full time equivalents was reduced from 574 in December 2023 to 480 in December 2024.

Steps were taken to wind down the engagement in the French subsidiary Mention Solutions SAS due to continued weak financial performance.

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Annual report 2024

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Annual report 2023

mariusgrondahl — Tue, 07 May 2024 07:52:38 +0000

Key figures

NHST Holding AS is the parent company in a group of companies engaged in Norwegian and international news media as well as companies providing solutions and services for PR and marketing activities.

The Group is organized and reports its operations in two segments, the media segment, which is trading under the name DN Media Group, and the SaaS segment.

The parent company as well as the main operating subsidiary in the media segment, DN Media Group AS,are based in Oslo, Norway. The main operating companies in the SaaS segment, Mynewsdesk AB and Mention Solutions SAS, operate from Stockholm, Sweden and Paris, France respectively. The shares of NHST Holding AS are listed on the Norwegian over-the-counter market, NOTC.

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Annual report 2023

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Annual report 2022

mariusgrondahl — Tue, 16 May 2023 13:18:51 +0000

Key figures

NHST Holding AS is the parent company of a Group consisting of Norwegian and international news media as well as companies providing solutions for PR and marketing activities, with a Software-as-a Service (SaaS) delivery model.

The Group is organized and reports its activities in two business segment, Media and SaaS. The parent company`s shares are listed on the Norwegian over-the-counter market (NOTC).

Highlights 2022

In 2022, substantial investments were made in people, products and support systems to position the businesses in the NHST Holding Group for future profitable growth.
The media business, operating through the wholly owned subsidiary DN Media Group AS, launched two new digital publications during the second half year. Both were developing positively in terms of journalistic coverage and readers towards the end of the year.
The media business changed its corporate name from NHST Media Group to DN Media Group in February 2023
The SaaS businesses, operating through the wholly owned subsidiary NHST Marketing Technology AS, showed growth in reported revenues in the respective functional currencies and in sales of new subscriptions, fueled by investments to strengthen products and organization.

The Group reported revenues of NOK 1 082.0 million, which was a 1.0 per cent growth compared to the year before (excluding non-recurring items).
Group EBITDA before non-recurring items was NOK 23.4 million, down from NOK 53.0 million in 2021. The reduction was due to general cost inflation as well as costs related to enhanced development activities.
The Group successfully refinanced its NOK 250 million bank loan during the fourth quarter, thereby securing adequate working liquidity for the 3-year duration of the loan.