Alma Media Q2 2013 Earnings Report

Alma Media reported Q2 2013 interim results with revenue of MEUR 76.3, down 5.8% year-over-year, as print media advertising declined 7.3% while digital services grew to represent 27.4% of group revenue. Non-recurring gains from the sale of Mascus marketplace boosted operating profit 97.5% to MEUR 9.5, with earnings per share reaching EUR 0.10. The company expects continued weakness in print media and declining revenue for the second half of 2013.