Q1 2022 North Media A/S Earnings Call Transcript
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Hello, good afternoon, and welcome to this presentation of North Media's Q1 report and the full year outlook. First of all, my name is Lasse, and I'm group's CEO. With me today is CFO, KÃ¥re Wigh. And KÃ¥re and I, will take you through the presentation, which will end with a Q&A session.
Let's head on. Q1 results was expected, and we made good progress with some of our strategic projects during the quarter. For the total group, the revenue was up 2% to DKK248 million we saw 20% growth in our digital service for the first quarter. And you can say that this is the kind of growth that we want to see in this business going forward.
In our other line of business last mile, we see a stable revenue with our top line decreased by 0.5%. As a whole, the group EBIT resource of DKK48 million was down DKK16 million year-on-year, which is in line with our expectations for the full year.
EBIT for last mile and FK distribution was impacted by external factors,
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