trending Market Intelligence /marketintelligence/en/news-insights/trending/xp2LfAj5q01_79TLMryiCw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Gyldendal Q1 loss narrows YOY

Blog

What's on the Horizon for the Cruise Hotel Resorts Sector

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021


Gyldendal Q1 loss narrows YOY

Gyldendal ASA said its first-quarter normalized net income came to a loss of 11.71 Norwegian kroner per share, compared with a loss of 14.74 kroner per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 27.6 million kroner, compared with a loss of 34.6 million kroner in the prior-year period.

The normalized profit margin rose to negative 7.9% from negative 10.9% in the year-earlier period.

Total revenue increased 9.5% year over year to 347.2 million kroner from 317.1 million kroner, and total operating expenses rose 6.2% year over year to 391.1 million kroner from 368.2 million kroner.

Reported net income totaled a loss of 31.3 million kroner, or a loss of 13.30 kroner per share, compared to a loss of 40.4 million kroner, or a loss of 17.20 kroner per share, in the year-earlier period.

As of May 19, US$1 was equivalent to 7.54 Norwegian kroner.