Alma Media Q1 2014 Earnings Report

Alma Media's Q1 2014 interim report covering January–March 2014 financial performance. The company reported revenue of MEUR 72.7, down 2.9% year-over-year, driven by declining print advertising despite 11% growth in online sales. Operating profit fell 40.7% to MEUR 3.2 as the company initiated cost-adjustment measures in regional media operations.