Q2 2022 North Media A/S Earnings Call Transcript
Welcome to the North Media A/S interim reports Q2 2022. (Operator Instructions) I will now turn the call over to our speakers. Please begin your meeting.
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Hello, everyone, and thank you for joining us on this presentation of our half year report. My name is Lasse Brodt. I'm Group CEO. With me today is Group CFO, KÃ¥re Wigh. First, we would like to kick off the presentation with a few highlights on results and strategy. Then we will look into performance and sales trends across our businesses. We'll finish with the outlook and financial ambitions before we open for the Q&A session.
A few financial figures to set the scene, revenue in Q2 and the first half year was slightly up to DKK260 million and DKK508 million, respectively. Double-digit growth in digital service was partly offset by a minor decline in FK Distribution. The EBIT margin was solid around 20%, and we are dealing with cost inflation in FK Distribution, while growth initiatives in the digital services also impacts
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