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Bonnier profits soar

The Local Sweden
The Local Sweden - [email protected]
Bonnier profits soar

The Bonnier Group has recorded a 1.951 billion kronor pre-tax profit for the first eight months of 2005. That compares to a 238 million kronor profit for the corresponding period in 2004.

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One major event during the current period was the selling of the Finnish media group Alma Media. The net sales for Bonnier Group are up by 1.2% compared to last year.

The Magazines, Business Press and Newspapers business areas improved their profits, while Books and Entertainment didn’t do quite as well.

TT/Love Liman

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