In the first nine months of the year the L'Espresso publishing group has registered a net profit of 4,5 million euros, down sharply from the 26,4 million collected in the same period last year. The company made it known, specifying that i revenues consolidated net income amounted to 524,4 million, for a decrease of 11,7% on an annual basis. As for the gross operating margin consolidated, amounted to 47,5 million, against 82,8 million in the corresponding period of 2012.
At the beginning of the afternoon, the shares of the L'Espresso publishing group were in the red by more than one and a half percentage points.
In the third quarter alone, the group's consolidated net revenues decreased by 11%. Advertising sales fell by 13,5%. The consolidated operating result amounted to 6,2 million, compared to 12,2 million in the third quarter of 2012. The consolidated net result instead reached 0,8 million.
