20 Minutes recovers in Q4

schibsted2009Schibsted’s free dailies 20 Minutes (France) and 20 Minutos (Spain) both saw revenues increase in Q4 2009 compared Q3 while both operations also showed a profit (EBITA) for the last quarter of 2009 (right, click to enlarge).

In France revenues also increased compared to Q4 2008; in Spain revenues dropped compared to the year before.

For the full year 2009, however, the 20 minutes operations still lost money.

The French online operation was break even in Q4 2009 while the Spanish website lost € 0.2 million.

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