Financial information

Result 2016

Net revenue
(EUR million)


Operating profit without
one-time items
(EUR million)


Operating profit
(EUR million)


(EUR million)


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).

The Group’s equity ratio was 36.3 percent (48.6 percent).

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.

Net revenue by business area 2016

Employees by business area 2016

Net revenue by business area
2015 - 2016

(IFRS)(EUR 1000)

Operating profit by business area
2015 - 2016

(IFRS)(EUR 1000)

Key figures

Net revenue (M€) 103.4 104.9
Operating profit without one-time items (M€) -1.9 -0.1
Profit including one-time items (M€) -14.3 -0.2
EBITDA without one-time items (M€) 2.0 4.2
Equity ratio % 36.3 48.6
Operating cash flow (M€) 3.5 0.5
Cash at the end of the year (M€) 1.0 4.8
Employees (average) 653 709

Nordic Morning Group's net revenue
2008 - 2016

(IFRS)(EUR 1000)

Business areas

The Data & Insights business area comprises only CountQuest Interactive AB, which is specialized in implementing and maintaining data-driven business decision solutions for the digital activities of global enterprises.

The Visibility & Service Design business area comprises Klikkicom Oy and Ottoboni Finland Oy in Finland; and Klikki AB and Ottoboni Sweden AB in Sweden. Ottoboni is specialized in business and service design. Klikkicom and Klikki are specialized in media optimization.

The Content business area comprises Sitrus Agency Oy and Edita Publishing Oy in Finland; Sitrus Agency AB and Mods Graphic Studio AB in Sweden; and Sitrus Ukraine LLC in Ukraine. Sitrus is specialized in strategic content and content marketing, Mods Graphic Studio in image retouching and Edita Publishing in professional content, information services and learning solutions.

The Campaigns & Dialogue business area comprises Edita Prima Oy and Seed Digital Media Oy in Finland; and Edita Bobergs AB and associate company Brand Systems International AB in Sweden. Edita Prima and Edita Bobergs are specialized in personalized print and Seed Digital Media in loyalty marketing.

Read more about the business areas »