Net revenue
(EUR million)
76.4
Operating profit without
one-time items (EUR million)
1.3
Operating profit
(EUR million)
0.9
Cash
(EUR million)
0.2
2018 at a glance
Consolidated net revenue was EUR 76.4 million (EUR 93.4 million). Net revenue declined particularly in Sweden due to restructuring measures carried out in the Edita Prima and Nordic Morning business areas in the previous year. In the Edita Publishing business area, net revenue decreased due to lower advertising sales revenue.
Operating profit was EUR 0.9 million (EUR 5.9 million). Non-recurring items totalled EUR -0.5 million (EUR 2.9 million).
Operating profit excluding non-recurring items was EUR 1.3 million (EUR 3.1 million). Profit excluding non-recurring items weakened in all business areas as result of lower net sales.
The equity ratio at the end of the review period was 40.3 percent (37.2 percent).
Net revenue by business area 2018
Employees by business area 2018
Net revenue by business area
2017 - 2018
(IFRS)(EUR 1000)
Operating profit by business area
2017 - 2018
(IFRS)(EUR 1000)
Key figures
| 2018 | 2017 | |
|---|---|---|
| Net revenue (M€) | 76.4 | 93.4 |
| Operating profit without one-time items (M€) | 1.3 | 3.0 |
| Profit including one-time items (M€) | 0.9 | 5.9 |
| EBITDA without one-time items (M€) | 5.9 | 8.7 |
| Equity ratio % | 40.3 | 37.2 |
| Operating cash flow (M€) | 3.6 | 4.4 |
| Cash at the end of the year (M€) | 0.2 | 1.3 |
| Employees (average) | 472 | 548 |
Nordic Morning Group's
net revenue
Business areas
Nordic Morning business area comprises Nordic Morning Finland Oy in Finland; Nordic Morning Sweden AB and Mods Graphic Studio AB in Sweden. Nordic Morning Finland, Nordic Morning Sweden are specialized in data-driven marketing and service design. Mods Graphic Studio is specialized in image retouching.
Edita Prima business area comprises only Edita Prima Oy in Finland, which is specialized in automated customer communication services.
Edita Publishing business area comprises only Edita Publishing Oy in Finland, which is specialized in collaborative learning and information solutions.