North Media
North Media (One-pager): Revenue guidance raised, but synergy-related investments lower EBIT forecast (HC Andersen Capital via Inderes)

2024-09-03 12:55
Read the latest North Media One-pager, which includes a brief description of North Media, an update on the company's development in H1 2024, the latest financials, valuation perspectives relative to a peer group, and several key investment risks and key investment reasons. North Media realized better-than-expected revenue in the last-mile business unit in Q2’24. However, the company trimmed its EBITDA and EBIT guidance as it ramps up investments to realize synergies in the recently acquired SDR Svensk Direktreklam. On a valuation basis, and particularly from an enterprise value perspective, North Media trades at significant discounts to its peer group. To learn more about North Media, its performance YTD, and outlook for 2024 and beyond, read the full one-pager or catch up on the latest Q2 2024 presentation with North Media CFO Kåre Stausø Wigh. Link: https://www.inderes.dk/videos/north-media-praesentation-af-regnskabet-for-2-kvartal-2024 Disclaimer: HC Andersen Capital receives payment from North Media for a DigitalIR/corporate visibility subscription agreement. / Philip Coombes 12:55 03.09.2024

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