With SEK 100 million in profits, 2010 will be a good year for Swedish daily Expressen says CEO Bengt Ottosson.
Swedish evening daily Expressen continues to have a strong 2010. Profits for the first eight months were over SEK 100 million, which is double profits compared to 2009 (SEK 49.1 million).
Revenues increased to SEK 1.03 billion (compared to SEK 1 billion in 2009) and costs decreased to SEK 931 million compared to SEK 957 in 2009.
"Above all we've had a strong development in our ad revenues," says Expressen CEO Bengt Ottosson.