Business Services Industry
Aspiro AB posts EBITDA of SEK5.2m for Q2
Nordic Business Report, August 13, 2009
NORDIC BUSINESS REPORT-13 August 2009-Aspiro AB posts EBITDA of SEK5.2m for Q2(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
Swedish mobile entertainment company Aspiro AB (STO:ASP) reported on Thursday second-quarter EBITDA of SEK5.2m, which it said was consistent with previously announced targets.
EBITDA declined from SEK11.5m for the same quarter in 2008.
Earnings after tax for the second quarter were SEK4.9m as compared to SEK5.4m for the same quarter last year.
Net sales totalled SEK114.2m, up approximately 8% from SEK105.9m in the second quarter of the prior year. Sales growth of 84% was recorded in Mobile TV and 59% for the Music segment.
(EUR1=SEK10.21)
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