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.

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