News:Argos:Sanoma media group sees small fall in 3Q profit

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The Nordic region's largest media group Sanoma Corp. on Friday said third-quarter net profit fell marginally to 61.1 million euros ($79.6 million) as higher taxes offset revenue growth. (...)

Sanoma has increasingly focused on digital media and in the last quarter launched new magazines in Russia, Serbia and the Czech Republic. It also increased online operations in the Czech Republic and Croatia, and in July acquired Net Info, Bulgaria's leading Internet company.

Associated Press



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