North Media A/s · OMXCOP:NORTHM
North Media A/s — Q2 2025 Earnings Presentation
17 slides from North Media A/s's earnings presentation, Aug 22, 2025
Slide 1: Interim report 2025
Interim 22/08/2025 report 2025
Slide 2: Welcome / Disclaimer
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 Ask Illum Jessen materially from those expected. Group CEO Gr
Slide 3: Agenda
Agenda 1. Status on key strategic initiatives 2. Group financial highlights 3. Business highlights 4 Group full-year 2025 outlook Interim Report Q2 2025 Investor presentation 22 August 2025 3
Slide 4: Status on key strategic initiatives
Status on key strategic initiatives 1 2 3 SDR: Continued roll-out BoligPortal: Building Dayli: Roll-out of new of automated packing further scalability platform • Progress as planned • Continued • Stand-alone company transformation since 1 January 2025 • Full implementation towards a single expected
Slide 5: Group financial highlights Q2 2025
Group financial highlights Q2 2025 Revenue, DKKm EBITDA, DKKm EBITDA margin, % Free cash flow, DKKm 32 342 48 14.1 (2024: 6) (2024: 343) (2024: 61) (2024: 17.7) Interim Report Q2 2025 Investor presentation 22 August 2025 5
Slide 6: Group financial highlights Q2 YTD 2025
Group financial highlights Q2 YTD 2025 Revenue, DKKm EBITDA, DKKm EBITDA margin, % Free cash flow, DKKm -3 653 59 9.0 (2024: 3) (2024: 662) (2024: 102) (2024: 15.3) Capital resources, DKKm 825 (2024: 1,012) Interim Report Q2 2025 Investor presentation 22 August 2025 6
Slide 7: Business highlights Q2 2025
Business highlights Q2 2025 Revenue DKKm 0% 300 Last mile 200 302 300 Last Mile 100 Digital Servces 41 42 0 Q2 2024 Q2 2025* EBITDA DKKm 65 -20% Digital services 55 45 35 61 Last Mile 25 Digital Servces 46 Unallocated 15 income/cost 5 0 2 1 -5 -1 Q2 2024 Q2 2025* * MineTilbud/Dayli included in Digit
Slide 8: SDR Q2 performance better than expected
Last mile Revenue SDR Q2 performance DKKm 250 better than expected 200 150 100 50 • Improved operations in SDR. 0 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 • Continued positive revenue impact from insourcing of FK Distribution SDR franchise invoices and previously implemented price EBITDA increases outweighed e
Slide 9: Q2 progress driven by BoligPortal and Bekey
Digital services Revenue Q2 progress driven by DKKm 30 BoligPortal and Bekey 25 20 15 10 5 • BoligPortal increased revenue by 7% from partnerships and 0 tenants. Swedish activities challenged. Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 BoligPortal MineTilbud/Dayli Bekey • MineTilbud/Dayli performance impacted by
Slide 10: Group full-year outlook 2025 upgraded
Group full-year outlook 2025 upgraded 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 1,270-1,315 (1,280-1,337) newspapers • Roll-out of automated packing to
Slide 11: Q&A
Q&A Interim Report Q2 2025 Investor presentation 22 August 2025 11
Slide 12: Thank you for joining
Thank you for joining Coming events Q3 Interim 4 November Report 2025 Interim Report Q2 2025 Investor presentation 22 August 2025 12
Slide 13: Appendix
Appendix Interim Report Q2 2025 Investor presentation 22 August 2025 13
Slide 14: P&L North Media
P&L North Media Financial results (DKKm) Q2 2025 Q2 2024 Q2 2025 YTD Q2 2024 YTD Revenue 342.3 343.1 652.8 662.0 Gross profit 169.2 177.9 306.0 328.5 EBITDA 48.4 60.6 59.0 101.5 Amortisations and depreciations, etc. 16.0 16.5 28.0 45.3 EBIT 32.4 44.1 31.0 56.2 Return on securities 92.7 141.2 -59.0 2
Slide 15: Group quarterly revenue
Group quarterly revenue Interim Report Q2 2025 Investor presentation 22 August 2025 15
Slide 16: Group quarterly EBITDA
Group quarterly EBITDA Interim Report Q2 2025 Investor presentation 22 August 2025 16
Slide 17: Group quarterly EBIT
Group quarterly EBIT Interim Report Q2 2025 Investor presentation 22 August 2025 17