Ekspress Grupp reports 30% increase in profit for 2014

  • 2015-03-04
  • By Frederic Eger
RIGA - Estonian media company AS Ekspress Grupp announced that 2014 has been a prosperous year compared with the consolidated EBITDA from 2013. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) measures a company’s profitability for selling a product or service eliminating the effects of making capital investments in the firm. EBITDA is the net sales minus the operating and production costs or operating profitability. EBITDA margin is operating income divided by net sales. Ekspress Grupp increased profitability by 22% to almost 9 million e...
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