Wegener: no convalescence advertisements
AMSTERDAM (Dow Jones) - publishing concern Wegener sees
structural improvement still no on the advertisement market. "it is each week wait if current convalescence perseveres", thus CEO
Jan Houwert. "everything depend on the Dutch economy and those
come in my perception rather the sticking on pace", thus top man at
the presentation of annual returns. Over 2004 Wegener saw the
staff advertisements with 22 per cent valleys with respect to the
previous year, against a fall of 50 per cent in 2003. heading
advertisements decreased in 2004, with 12 per cent on an annual basis.
Houwert speak of a structural fall: "this loss is no
longer compensated." Another remarkable fall concerned the
purchase of the number of abonnees with 3.7 percent. Houwert
attribute this expressly to the weak economic situation. "I
have not yet rather experienced such a purchase in my career."
Wegener have to communicate lichtpuntje on the advertisement
front, however,: over the fourth trimester of this year lanes
the staff advertisements with almost 10 per cent. It has been
the first increase of this advertisement heading since a continuous
range of falls, with as depth point complete 2003. staff
advertisements are conjunctuurgevoelig. Houwert see moreover
also an advantage in the advertisement falls. "less
advertisements cost paper also less and this way Wegener because of
this the costs have been possible reduce". Wegener continue
themselves aim in 2005, at renewal of port folio and the product
development. "and we continue make haste", complete the CEO on
this ambition. Thus the company the initiative of the paid
zondagseditie of the regional newspaper will evaluate Tubantia firstly
before deciding if newspapers also other proceed for that purpose.
In 2005, several weekend newspapers become geïntroduceerd.
In July of this year start Wegener in end courts with pilot of a
town newspaper for young people. Wegener and PCM examine
together a joint venture for their daily publishers in particularly
zuid-Holland and Utrecht. It concerns the dagbladen general
daily, Rotterdam daily, the Dordtenaar and rijn and Gouwe van PCM and
the Haagsche current, Goudsche current, utrechts nieuwsblad and
amersfoortse currently of Wegener. Awaiting the research
Houwerst want do no judgements. The common oplage amounts to
copies now approximately 630,000 per day. Houwert are distant
concerning the debt reduction. The company brought back the
nettoschuld of 298 millions euro to 202 millions euro. This had
positive implications for the interest expenditure, which walked back
with 21.7 million euro and interest cover: judging by
Ebitda-resultaat (result for taxes, depreciation and redemption
through repurchase) lie interest cover now on 3.7 percent, a
percentage normative for Wegener. For the first time for two
years have returned Wegener dividend from: 0.13 euro by
certificate of an ordinary share. "if profit is booked then is
it to our objective dividend, pay unless there good grounds are this,
such as the past two years", thus Wegener. <! - - showBanner('336X280
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A r t i k e l e n
01-03-2005
Wegener: no convalescence advertisements 01-03-2005
Wegener get provocative year 01-03-2005 ' figures Wegener above
expectation ' 01-03-2005 Wegener book small profit 25-02-2005 Selekt
mail grow firm 25-02-2005 Wegener do municipality guides door from
16-02-2005 ABN AMRO raise recommendation Wegener positively 02-02-2005
editors concerning recommendations WRR 04-01-2005 Wegener see no
convalescence advertisement market 08-12-2004 fusion plan divide
newspaper world more Article...
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WEGENER rate
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F O R U M
Wegener are overlooked.
Wegener are well busy wegener are very koopwaardig
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Source Wegener: no convalescence advertisements: telegraph
Head index page of Wegener: no convalescence
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