November 7, 2018 / 6:51 AM / 8 days ago

Axel Springer hikes EPS forecast as digital properties gain traction

FRANKFURT, Nov 7 (Reuters) - German publisher Axel Springer reported a double-digit gain in core profits on Wednesday as its digital classifieds operation advanced and millennial-focused online news outlet Business Insider grew and made money.

Springer raised its forecast for full-year earnings per share to indicate an increase in the mid-single-digit range - up from a low-single-digit increase - and confirmed its other forecasts. (Reporting by Douglas Busvine; Editing by Maria Sheahan)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below