Results 20 minutes France & Spain

The results for Schibsted’s free dailies in Q4 2008 and for the whole year 2008 were down compared to Q4 2007 and the whole year 2007, which could be expected given the economic situation. The situation in France, however, proved to be more positive than in Spain.

20 Minutos (Spain) broke even in Q4 2008, while it made a small profit in the year before. For the whole year a loss of €5.7m is reported. The printed version on its own made a Q4 2008 operating profit of €0.3m.

The French edition made a Q4 operating profit of €2.1m (€2.5m in 2007). For the whole year a profit of €0.7m is reported.

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