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AS Ekspress Grupp refinances bonds
Globenewswire· 2025-07-03 07:00
Group 1 - AS Ekspress Grupp and AS SEB Pank signed a loan contract to refinance EUR 5 million bonds from LHV pension funds, with a new loan deadline of 2 July 2030 [1] - The refinancing will reduce Ekspress Grupp's annual interest expenses by approximately EUR 150 thousand, while annual loan service will increase by around EUR 340 thousand [1] - The refinancing will lower the average interest rate of Ekspress Grupp's financial liabilities, allowing the company to decrease overall indebtedness and prepare for potential acquisitions and economic challenges [2] Group 2 - AS Ekspress Grupp is the leading Baltic media group, involved in web media content production, publishing newspapers, magazines, and books [2] - The Group operates an electronic ticket sales platform and ticket sales offices in Latvia and Estonia, and provides digital outdoor screen services in both countries [2] - Established in 1989, Ekspress Grupp employs about 1,000 people [2]
Change in the Supervisory Board of AS Ekspress Grupp
Globenewswire· 2025-05-08 07:48
Group 1 - The Chairman of the Supervisory Board of AS Ekspress Grupp, Priit Rohumaa, has resigned from his positions on the Supervisory Board and Audit Committee [1] - The Supervisory Board will continue with three members: Hans H. Luik, Sami Seppänen, and Triin Hertmann [1] - A new Chairman of the Supervisory Board and a member of the Audit Committee will be elected at the next ordinary board meeting [1] Group 2 - AS Ekspress Grupp is the leading media group in the Baltic region, focusing on web media content production, and publishing newspapers, magazines, and books [1] - The Group operates an electronic ticket sales platform and ticket sales offices, and provides outdoor screen services in Estonia and Latvia [1] - AS Ekspress Grupp was established in 1989 and currently employs nearly 1,100 people [1]
AS Ekspress Grupp: Consolidated unaudited interim report for Q1 of 2025
Globenewswire· 2025-04-30 05:00
The revenue of AS Ekspress Grupp for the 1st quarter of 2025 increased by 5% year-over-year to EUR 17.0 million. However, EBITDA decreased by EUR 0.2 million. Digital revenue also increased by 5% and the share of digital revenue remained at 84% of the Group’s total revenue in the first quarter. As expected, the Group's first quarter’s results were most affected by the expected seasonality, due to which the company's profitability is under the greatest pressure in the 1st quarter each year. In addition, low ...