North Media operates market leading platforms for business-consumer transactions. The operational and financial development is supported by volumes, scale, and quality as well as megatrends such as data, digitalisation, urbanisation, and mobility.
"Last Mile" is a stable business with solid earnings and cash flows in a mature market, while "Digital Services" businesses have the potential for double-digit growth, increasing earnings, scaling and expansion.
We focus on long-term value creation and a stable return on invested capital. This is the basis for a strong capital position that provides freedom of action and an attractive, stable annual dividend to our shareholders. The objective is to pay stable, attractive dividends that reflect the operating profit before the return on securities. In addition, the Board has the authority until March 2025 to make share repurchases up to 15% of the company's share capital.
North Media was listed on NASDAQ Copenhagen in 1996. Since 1965, we have shown that we are resilient, adaptable and that we manage to create and seize opportunities when they arise.