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Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
North Media
North Media (NORTHM) investor relations material
North Media Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary26 Feb, 2026
Executive summary
Significant management changes include a new CEO, CFO, Chairman, and Group Executive Director, with appointments effective in 2026 and a board reshuffling planned.
Strategic focus in 2025 included automation in Swedish distribution, franchise model changes, and digital service expansion, with further digital platform enhancements.
Transformation efforts in Last Mile and Digital Services aimed at stabilizing and growing earnings.
Financial highlights
Revenue for 2025 was DKK 1,296m, slightly down from DKK 1,301m in 2024, with a 1% decline in Last Mile offset by growth in Digital Services.
EBITDA decreased to DKK 124.6m from DKK 153.5m, with margin falling to 9.6% from 11.8%, mainly due to higher costs in Last Mile.
EBIT improved to DKK 66.2m from a loss of DKK -74.9m in 2024, mainly due to a DKK 155m impairment in SDR not recurring; EBIT margin rose to 5.1% from -5.8%.
Net profit increased to DKK 66.2m from DKK 61.7m.
Capital reserves/resources stood at DKK 927m at year-end, up from DKK 893m.
Outlook and guidance
2026 revenue guidance is DKK 1,267–1,333m, with Last Mile stable and growth anticipated in all Digital Services units.
EBITDA expected at DKK 133–175m; EBIT at DKK 75–117m, with improvements targeted through 2025 strategic initiatives.
SDR guides for an EBIT loss of DKK -35 to -20m in 2026, with break-even delayed due to slower transformation and higher-than-expected volume declines.
FK Distribution guides for EBIT of DKK 115–130m in 2026, supported by product mix changes and efficiency gains.
BoligPortal expects robust EBIT of DKK 35–40m, with diversified revenue streams mitigating market risks.
Dayli and Bekey are expected to remain loss-making in 2026 but are on a path toward break-even.
SDR: Concrete plan to reach break-even
Capital preparedness: M&A vs. share buybacks
Digital Services: Path to profitability for Dayli/Bekey
Partial view of Summaries dataset, powered by Quartr API
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Next North Media earnings date
Q1 202612 May, 2026
North Media
Next North Media earnings date
Q1 202612 May, 2026
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North Media operates in media and communication services, offering printed and digital advertising platforms for local businesses. The company also distributes printed materials, such as newspapers and leaflets, to households. It is headquartered in Søborg, Denmark, and its shares are listed on the OMX Copenhagen.
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