Axel Springer reported flat Q3 16 total revenues of €801.5m (of which 67% is digital, compared with 61.2% a year earlier). On an organic basis, revenues were up by c.3.5% after +5.3% over H1. The 9-month total revenues were also flat at €2,366.5m (of which c.67% digital), mainly affected by the deconsolidation of the activities in Switzerland (following the creation of a JV with Ringier), and up 4.7% organically. Note that the digital activities’ organic growth accelerated to
03 Nov 2016
Trends so far globally in line
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Trends so far globally in line
Springfield Properties PLC (SPR:LON) | 0 0 2.6% | Mkt Cap: 116.3m
- Published:
03 Nov 2016 -
Author:
Véronique Cabioc'h -
Pages:
3
Axel Springer reported flat Q3 16 total revenues of €801.5m (of which 67% is digital, compared with 61.2% a year earlier). On an organic basis, revenues were up by c.3.5% after +5.3% over H1. The 9-month total revenues were also flat at €2,366.5m (of which c.67% digital), mainly affected by the deconsolidation of the activities in Switzerland (following the creation of a JV with Ringier), and up 4.7% organically. Note that the digital activities’ organic growth accelerated to