Market announcement
AS Ekspress Grupp
LEI code
529900B52V1TUMW7FS54
Size of the entity
Large group
Economic activities
Professional, Scientific and Technical Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
10076
Submission date and time
27.01.2023 09:45:00
Content of announcement in Estonian
Title
Muudatus ASi Ekspress Grupp ühisomandis oleva ettevõtte tegevustes
Message
ASi Ekspress Grupp 50%lises omanduses oleva ASi Express Post nõukogu tegi otsuse sulgeda 2023. aasta jooksul Express Posti kojukandeteenuse valdkonna. Ettevõte jääb edasi pakkuma kõnekeskuse teenust ja ajakirjanduse tellijate baaside haldusteenust, mis moodustab ca 7% ettevõtte tänasest äritegevusest. Muudatus ei mõjuta Ekspress Grupi paberväljaannete väljaandmise mahtu, sagedust ega kojukande tingimusi tellijate jaoks. 1997. aastal asutatud ühisettevõte AS Express Post teostab Eesti suuremates linnades ja nende ümber ajakirjandusväljaannete, reklaami- ja ärikirjade kojukannet. Express Post pakub lisaks kõnekeskuse teenust ja ajakirjanduse tellijate baaside haldusteenust. Auditeerimata andmete kohaselt oli Express Posti käive 2022. aastal 5,2 miljonit eurot (2021. aastal 5,2 miljonit eurot) ning kahjum 1,2 miljonit eurot (2021. aastal kahjum 0,6 miljonit eurot). Ekspress Grupi osalus Express Postis on 50%. Valdkonna sulgemise tulemusena koondab AS Express Post ligikaudu 450 töötajat. Valdkonna sulgemisega seotud täiendavad ühekordsed kulud on hinnanguliselt 1,0-1,2 miljonit eurot, millest Ekspress Grupi osa on 0,5-0,6 miljonit eurot. Seisuga 31.12.2022 on kontserni bilansis kajastatud investeeringu väärtus null eurot (31.12.2021 null eurot). Valdkonna sulgemisega seotud ühekordsed täiendavad kulud 0,5-0,6 miljonit eurot kajastuvad kontserni 2023. aasta I kvartali tulemustes. Mari-Liis Rüütsalu juhatuse esimees +372 512 2591 [email protected] (mailto:[email protected]) AS Ekspress Grupp on Baltimaade juhtiv meediakontsern, mille tegevus hõlmab veebimeedia sisutootmist ning ajalehtede, ajakirjade ja raamatute kirjastamist. Samuti haldab kontsern elektroonilist piletimüügiplatvormi ja piletimüügikohtasid ning pakub väliekraanide teenust Eestis ja Lätis. Ekspress Grupp alustas oma tegevust 1989. aastal ja annab tööd üle 1400 inimesele.
Content of announcement in English
Title
Change in the operations of the joint venture of AS Ekspress Grupp
Message
The Supervisory Board of AS Express Post, 50% of which is owned by AS Ekspress Grupp made a decision to close down the home delivery business line of Express Post during 2023. The company is going to continue to provide the call centre service and the management service for the subscriber bases of periodicals that make up ca 7% of the company's current business. The change will neither impact the volume and frequency of publishing the paper periodicals of Ekspress Grupp nor the home delivery conditions for its subscribers. AS Express Post, a joint venture established in 1997, is engaged in home delivery of periodicals as well as advertising and business letters in the largest cities in Estonia and in their vicinity. Additionally, Express Post offers a call centre service and a management service for the subscriber bases of periodicals. According to the unaudited data, the revenue of Express Post totalled EUR 5.2 million (2021: EUR 5.2 million) and the loss totalled EUR 1.2 million in 2022 (2021: loss of EUR 0.6 million). Ekspress Grupp has a 50% ownership interest in Express Post. As a result of the closure of the business line, AS Express Post will make redundant approximately 450 employees. The estimated additional one-off expenditure related to the closure of the business line will total EUR 1.0-1.2 million, of which the share of Ekspress Grupp will be EUR 0.5-0.6 million. As at 31 December 2022, the value of the investment recognised in the Group's balance sheet is EUR 0 (31.12.2021: EUR 0). The additional one-off expenditure related to the closure of the business line in the amount of EUR 0.5-0.6 million will be reflected in the Group's results for the 1(st) quarter of 2023. Mari-Liis Rüütsalu Chairman of the Management Board +372 512 2591 [email protected] (mailto:[email protected]) AS Ekspress Grupp is the leading Baltic media group whose key activities include web media content production as well as publishing of newspapers, magazines and books. The Group also operates an electronic ticket sales platform and ticket offices, and provides an outdoor screen service in Estonia and Latvia. Ekspress Grupp launched its operations in 1989 and it employs almost 1400 people.