Results for digital subscriptions of AS Ekspress Grupp in the 1st quarter of 2022
April 12 2022 - 1:00AM
Results for digital subscriptions of AS Ekspress Grupp in the 1st
quarter of 2022
The number of digital subscriptions of AS
Ekspress Grupp increased by 50% year-over-year in the Baltic States
(8% in the 1st quarter) and totalled 145 805 at the end of
March.
- The number of digital subscriptions of AS Ekspress Meedia that
publishes the news portal Delfi, newspapers Eesti Päevaleht,
Maaleht, Eesti Ekspress and several popular magazines increased by
33% year-over-year (5% in the 1st quarter) and totalled 78
799.
- The number of digital subscriptions of AS Õhtuleht, 50% of
which is owned by Ekspress Grupp, increased by 60% year-over-year
(14% in the 1st quarter) and totalled 23 935.
- The number of digital subscriptions of Geenius Meedia OÜ
increased by 62% year-over-year (9% in the 1st quarter) and
totalled 4 461.
- In Latvia, the number of digital subscriptions of Delfi A/S
increased by 71% year-over-year (3% in the 1st quarter) and
totalled 18 060.
- In Lithuania, the number of digital subscriptions of Delfi more
than doubled year-over-year (18% in the 1st quarter) and totalled
20 550.
The Chairman of the Management Board of Ekspress
Grupp Mari-Liis Rüütsalu commented:
“The Supervisory Board of Ekspress Grupp has set
the company’s long-term financial goal to increase the number of
digital subscriptions in the Baltic States by 2.5 times by the end
of 2026 as compared to 2021, i.e. to 340 000 subscribers. New
digital subscribers are important for attaining the company’s
financial goals because in addition to the online advertising sales
it provides a stable revenue base for the Group.
The number of digital subscribers of the key
periodicals of Ekspress Grupp continued to grow in the 1st quarter
of 2022. The Latvian and Lithuanian markets where the share of
digital subscribers has been lower than in Estonia and hence their
growth potential is higher, demonstrated the strongest growth. The
growth in subscribers accelerated at the end of February this year
because during the turbulent time in the world, the interest of
readers in high-quality and objective journalism grows. “
Detailed overview of digital subscriptions
|
31.03.2022 |
31.12.2021 |
change |
31.03.2021 |
change |
AS Ekspress Meedia |
78 799 |
74 873 |
5% |
59 183 |
33% |
AS Õhtuleht Kirjastus |
23 935 |
20 992 |
14% |
15 005 |
60% |
Geenius Meedia OÜ |
4 461 |
4 100 |
9% |
2 755 |
62% |
Delfi AS (Latvia) |
18 060 |
17 549 |
3% |
10 559 |
71% |
Delfi UAB (Lithuania) |
20 550 |
17 433 |
18% |
9 892 |
108% |
Total Ekspress
Grupp |
145 805 |
134 947 |
8% |
97 394 |
50% |
One of the long-term goals of Ekspress Grupp is to increase the
volume of digital subscriptions to 340 thousand subscribers in the
Baltic States by the end of 2026 which is approximately 2.5 times
higher than at the year-end 2021.
Signe KukinGroup CFOAS Ekspress Grupp Telephone: +372 669
8381E-mail address: signe.kukin@egrupp.ee
AS Ekspress Grupp is the leading Baltic media group whose
key activities include web media content production, publishing of
newspapers, magazines and books. The Group also operates an
electronic ticket sales platform and ticket sales sites in Estonia
and Latvia. Ekspress Grupp that launched its operations in 1989
employs more than 1400 people, owns leading web media portals in
the Baltic States and publishes the most popular daily and weekly
newspapers as well as the majority of the most popular magazines in
Estonia.
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