North Media Reports Q3 2026 Results, Narrows 2026 Guidance
Q3 revenue grew 7%; EBITDA rose 9% to DKK 78 million and EBIT increased 14% to DKK 34 million, with a 3.7% EBIT margin. North Media narrowed its 2026 financial guidance.
North Media reported a 7% revenue growth for Q3 2026, supported by strong performance in its Last Mile segment, which benefited from an additional distribution week in Denmark and parliamentary elections in Sweden. EBITDA for the period rose 9% to DKK 78 million, while EBIT increased 14% to DKK 34 million, resulting in an EBIT margin of 3.7%. The company noted that while Last Mile saw growth, the Digital Services segment remained flat, with declines in BoligPortal and Dayli offset by slight gains in Bekey. Based on year-to-date performance, the company has narrowed its financial guidance for 2026.
Management attributed the improved earnings to lower capacity costs in FK Distribution and reduced operating losses in the Digital Services business units.