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earnings
Format: PDF earnings
Alma Media's interim report for the first half of 2009 shows net sales of EUR 155.8 million, down 10.1% year-over-year, with operating profit declining 30.6% to EUR 18.5 million due to weakness in the advertising market. Despite challenging market conditions, the company maintained a strong financial position with an equity ratio of 57.2% and continued strategic development of its integrated print and online newspaper services.
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