Schibsted ASA (SCH) - TV 2 - Q1 2003


 
 
The TV 2 Group AS announced their 1st quarter 2003 results on May 5th, 2002:
 
(Figures in NOK 1,000)
                TV 2 Group AS
 
 
 
 
Q1 2003
Q1 2002
 
 
 
Operating revenues
375 159
353 290
Operating expences
374 900
381 487
Operating profit
259
-28 197
 
 
 
Result from ass. companies
-3 831
-14 541
Andel resultat tilknyttede selskaper
 
 
Net financial items
-4 700
2 500
Profit before taxes
-8 272
-40 238
 
 
 
Taxes
-1 029
-7 710
Minority interests
124
84
Net profit/loss
-7 119
-32 444
 
 
Schibsted ASA owns 33.3% of the TV 2 Group AS and Schibsted's share of the net loss of Q1 2003 amounts to NOK 2.4 million.
 
Oslo, May 5th 2003
Schibsted ASA
 
Elisabeth Blom Tindlund
Investor Relations Officer