Bloomberg News

Ekspress Makes Third-Quarter Profit Through Online, Printing

November 02, 2011

Nov. 2 (Bloomberg) -- AS Ekspress Grupp, the only publicly traded Baltic media company, reported a third-quarter profit from rising earnings for its online and printing units.

Net income was 118,000 euros ($162,700), compared with a loss of 264,000 euros a year earlier, the Tallinn, Estonia-based company said in a regulatory statement today. Sales rose 10 percent to 13 million euros.

--Editor: Chris Peterson

To contact the reporter on this story: Ott Ummelas in Tallinn at oummelas@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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