North Media A/s · OMXCOP:NORTHM
North Media A/s — FY2024 Earnings Presentation
17 slides from North Media A/s's earnings presentation, Mar 14, 2025
Slide 1: Annual report 2024
Annual 14/03/2025 report 2024 Annual Report 2024 Investor presentation 14 March 2025 1
Slide 2: Welcome
Welcome Disclaimer This presentation and related comments contains statements about the future, including expectations for 2025, which are inherently subject to risks and uncertainties that could cause actual results to differ Lasse Brodt Martin Tobberup materially from those expected. Group CEO Gro
Slide 3: Agenda
Agenda 1. Strategy execution 2. Group financial highlights 3. Business highlights 4 Group full-year 2025 outlook Annual Report 2024 Investor presentation 14 March 2025 3
Slide 4: 2024: Full focus on strategy execution
2024: Full focus on strategy execution 1 2 SDR integration with accelerated Continued strengthening of roll-out of automated sorting, BoligPortal for further scalability packing and distribution of leaflets in Sweden minetilbud 3 4 Decision to establish MineTilbud Divestment of commercial as a stand
Slide 5: Group financial highlights 2024
Group financial highlights 2024* Revenue, DKKm EBITDA, DKKm EBITDA margin, % EBIT (after write-down), DKKm -75 1,301 154 11.8 (2023: 155) (2023: 915) (2023: 182) (2023: 19.9) Capital resources, DKKm 893 (2023: 813) * Adjusted for discontinued operations (Ofir) Annual Report 2024 Investor presentatio
Slide 6: Business highlights 2024
Business highlights 2024 Revenue DKKm +42% 1200 1000 Last mile 800 600 1.167 Last Mile 400 785 Digital Servces 200 131 134 minetilbud 0 2023* 2024** EBITDA DKKm -16% 170 Digital services 150 130 110 90 166 157 Last Mile 70 Digital Servces 50 Non-allocated cost 30 10 20 9 -10 -3 -12 2023* 2024** * ex
Slide 7: Intensive focus on SDR integration
Last mile Revenue Intensive focus on DKKm 800 +49% SDR integration 700 600 500 400 785 787 300 200 381 • Accelerated roll-out of technologies to sort, pack 100 0 and distribute leaflets in Sweden on track 0 2023 2024 • Stable FK Distribution revenue with leaflet volume EBITDA decline lower than expe
Slide 8: Write-down of SDR
Last mile Write-down of SDR Write-down, DKKm 155 • 2025 contracts with significantly lower leaflet volume than expected • Expected to lead to significant earnings decline compared to 2024 • No liquidity effect • SDR is still expected to strengthen Last Mile and deliver positive EBIT as of 2026 Tangi
Slide 9: Positive development in BoligPortal
Digital services Revenue Positive development DKKm 120 +3% in BoligPortal 100 80 60 107 111 40 • Roll-out of BoligPortal transformation strategy 20 24 23 on track 0 2023 2024 • 4% revenue increase in BoligPortal from more EBITDA digital services. DKKm -57% % • Record-number of lease contracts and in
Slide 10: Group full-year outlook 2025
Group full-year outlook 2025 Main assumptions Revenue, DKKm • FK Distribution: Expected leaflet volume decline of ~1%, ~14% for local newspapers. SDR: Expected volume decline of ~16% for leaflets and local 1,280-1,337 newspapers • Roll-out of automated packing to Sweden continues as planned and is c
Slide 11: Q&A
Q&A Annual Report 2024 Investor presentation 14 March 2025 11
Slide 12: Thank you for joining
Thank you for joining Coming events AGM 11 April 2025 Q1 Interim 21 May 2025 Report Q2 Interim 21 August 2025 Report Q3 Interim 4 November Report 2025 12
Slide 13: Appendix
Appendix Annual Report 2024 Investor presentation 14 March 2025 Annual Report 2024 Investor presentation 14 March 2025 13 Annual Report 2024 Investor presentation 14 March 2025
Slide 14: P&L North Media
P&L North Media Financial results (DKKm) 2024 2023* Revenue 1,301.4 915.1 Gross profit 624.7 509.6 EBITDA 153.5 181.9 Amortisations and depreciations, etc. 228.4 26.9 EBIT -74.9 155.0 Return on securities 217.4 189.3 Financials, net -6.2 -2.0 Profit/loss before tax 135.8 344.9 Tax -63.3 -76.7 Net pr
Slide 15: Group quarterly revenue
Group quarterly revenue Annual Report 2024 Investor presentation 14 March 2025 15
Slide 16: Group quarterly EBITDA
Group quarterly EBITDA Annual Report 2024 Investor presentation 14 March 2025 16
Slide 17: Group quarterly EBIT
Group quarterly EBIT Annual Report 2024 Investor presentation 14 March 2025 17