(Finance) – In the first quarter of 2022, The sun 24 hours reported a Net income attributable to shareholders of the negative parent for 3.5 million eurosan improvement of 2.2 million euros compared to the negative result of 5.7 million euros in the first quarter of 2021. Net of non-recurring income and expenses, the net result attributable to shareholders of the parent company was negative for 3.5 million euros. euro, an improvement of 1.9 million euro compared to the negative result of 5.3 million euro in the first quarter of 2021.
The Publishing Group has registered consolidated revenues of 47.3 million euros up by 7.3% compared to the 44.1 million euros of the first quarter of 2021. In particular, advertising revenues are up by 5.2% and publishing revenues are down by 2.4%, while others revenues increased by 3 million euros (from 2.5 to 5.4 million euros), mainly thanks to higher revenues from the Culture area and the more innovative products of the Professional Services area.
The circulation (paper + digital) of the newspaper Il Sole 24 ORE for the period January – February 2022 is in total equal to 138,697 copies per day (-5.3% compared to January – February 2021). In particular, paper circulation is equal to 53,497 copies (-9.2%) and digital circulation to 85,200 copies per day (-2.7%).
The gross operating margin it is positive for 1.8 million euros and compares with a negative EBITDA of 0.5 million euros in the first quarter of 2021, while EBIT is negative for 2 million euros.