North Media A/s · OMXCOP:NORTHM
North Media A/s — Q3 2025 Earnings Presentation
13 slides from North Media A/s's earnings presentation, Nov 4, 2025
Slide 1: Interim report 2025
Interim 4/11/2025 report 2025
Slide 2: Agenda and disclaimer
Agenda 1. Group financial highlights 2. Business highlights 3. Group full-year 2025 outlook Disclaimer This presentation contains statements about the future, including expectations for 2025, which are inherently subject to risks and uncertainties that could cause actual results to differ materially
Slide 3: Group financial highlights Q3 2025
Group financial highlights Q3 2025 Revenue, DKKm EBITDA, DKKm EBITDA margin, % Free cash flow, DKKm -8 286 12 4.2 (2024: 15) (2024: 299) (2024: 19) (2024: 6.5) Interim Report Q3 2025 Investor presentation 4 November 2025 3
Slide 4: Group financial highlights Q3 YTD 2025
Group financial highlights Q3 YTD 2025 Revenue, DKKm EBITDA, DKKm EBITDA margin, % Free cash flow, DKKm -11 939 71 7.6 (2024: 18) (2024: 961) (2024: 121) (2024: 12.6) Capital resources, DKKm 890 (2024: 932) Interim Report Q3 2025 Investor presentation 4 November 2025 4
Slide 5: Business highlights Q3 2025
Business highlights Q3 2025 Revenue DKKm 300 -4% Last mile 200 Last Mile 258 247 100 Digital Servces 41 40 0 Q3 2024 Q3 2025* EBITDA DKKm 35 -38% Digital services 25 Last Mile 15 27 Digital Servces Unallocated 11 income/cost 5 3 -3 -5 -2 -5 Q3 2024 Q3 2025* * MineTilbud/Dayli included in Digital Ser
Slide 6: Roll-out of automated packing for SDR completed
Last mile Revenue Roll-out of automated DKKm 250 packing for SDR completed 200 150 100 50 • Implementation of technologies to sort, pack and 0 distribute leaflets in Sweden completed in October 2025. Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 FK Distribution SDR • Revenue decreased as expected in both FK Distrib
Slide 7: EBITDA improvement in Dayli and Bekey
Digital services Revenue EBITDA improvement in Dayli DKKm 30 and Bekey 25 20 15 10 5 • 4% revenue decline attributable to BoligPortal and Dayli and 0 with minor progress in Bekey. Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 BoligPortal MineTilbud/Dayli Bekey • BoligPortal revenue impacted by fewer housing adds co
Slide 8: Group full-year outlook 2025
Group full-year outlook 2025 Main assumptions Revenue, DKKm (previously) • FK Distribution: Expected leaflet volume decline of ~4%, ~14% for local newspapers. SDR: Expected volume decline of ~16% for leaflets and local 1,270-1,305 (1,270-1,315) newspapers • Roll-out of automated packing to Sweden co
Slide 9: Appendix
Appendix Interim Report Q3 2025 Investor presentation 4 November 2025 9
Slide 10: P&L North Media
P&L North Media Financial results (DKKm) Q3 2025 Q3 2024 Q3 2025 YTD Q3 2024 YTD Revenue 286,4 299,4 939,2 961,4 Gross profit 122,5 134,3 428,5 462,8 EBITDA 12.1 19,4 71,1 120,9 Amortisations and depreciations, etc. 13,8 16,4 41,8 61,7 EBIT -1,7 3,0 29,3 59,2 Return on securities 74,5 -86,5 15,5 210
Slide 11: Group quarterly revenue
Group quarterly revenue Interim Report Q3 2025 Investor presentation 4 November 2025 11
Slide 12: Group quarterly EBITDA
Group quarterly EBITDA Interim Report Q3 2025 Investor presentation 4 November 2025 12
Slide 13: Group quarterly EBIT
Group quarterly EBIT Interim Report Q3 2025 Investor presentation 4 November 2025 13