(€ 1.000, IFRS) 2017 2016
Turnover 631,439 430,310
EBITDA 56,159 57,366
Net result (group share) 14,826 18,242
Shareholders' equity (group share) 281,512 53,024
Net financial position -163,972 -121,789

Key figures




Beneficial interest 13%
AvH Contact: Jan Suykens

Mediahuis is one of the leading multimedia groups in Belgium and the Netherlands, with prominent news brands, including De Standaard, Het Nieuwsblad, NRC Handelsblad and De Telegraaf.

Information from the 2017 annual report

2017 was a special year for Mediahuis, during which the group expanded into a leading multimedia company in both Belgium and the Netherlands. With news brands such as De Standaard, Het Nieuwsblad/De Gentenaar, Gazet van Antwerpen and Het Belang van Limburg, Mediahuis achieves a daily sales figure of about 516,000 newspapers in Belgium. In the Netherlands, news brands such as NRC Handelsblad,, De Telegraaf, Noordhollands Dagblad and De Limburger ensure the daily sale of 1,215,000 newspapers.

The remaining stakes of Corelio and Concentra in Media Groep Limburg, the printing companies of Printing Partners, the door-to-door magazine group Rondom, the regional TV channels (ATV, TV Limburg, TV Oost, ROB TV), Vlaanderen Eén (Nostalgie north), and the participating interests in Metro, De Vijver Media, Nostalgie SA (Nostalgie south) and Flanders Classics, were finally incorporated into Mediahuis.

With the acquisition of Telegraaf Media Groep (TMG) and the contribution of VP Exploitatie as third shareholder, Mediahuis took a big step forward within the growth strategy it embarked on. The explicit choice to focus on the core activities of TMG resulted in the sale of the shares in the Keesing Media Group, while retaining an indirect minority stake of 30%. The plan for the future that TMG announced in the autumn with the aim of attaining a healthy EBITDA level in the short term should result in a revenue increase from digital propositions and a revenue development in line with the market within both the consumer and the advertising markets. Just before the end of the year, an agreement was reached for the sale of TMG’s 23% stake in Talpa Radio Holding B.V. to Talpa, and at the same time the sale of the 29.16% stake of Talpa in TMG to Mediahuis. As a result, Mediahuis held 95.04% of the shares in TMG in 2017, and the stock exchange delisting was in sight.

In addition to a far-reaching focus on the continued digital transformation, Mediahuis also focused on broadening its range, including within the employment market where the group entered into a strategic partnership with Jellow, an online matching platform for freelancers. In addition, Mediahuis provided a capital injection in Wayne Parker Kent (WPK), one of the fastest growing digital content companies in the Netherlands, with the USP of reaching very specific target groups. For the Belgian market, this strategic collaboration with WPK resulted in a joint venture. Mid-2017, the Flemish Government granted SBS a license for a new city radio network. The generalist music radio station will be expanded in 2018, together with Nostalgie (north).

Despite the continued decline in paid newspaper copies and a national advertising market under pressure due to the increasing international digital competition, Mediahuis achieved a consolidated turnover of 631.4 million euros, an EBITDA of 56.2 million euros and a net result of 14.8 million euros in 2017 (2016: 18.2 million euros). This included 17.1 million euros of non-recurring costs.

As a result of the successive acquisitions (TMG) and contributions (by Corelio and Concentra respectively), AvH currently has a 49.9% stake in Mediacore, the controlling shareholder (52.3%) in Corelio. Corelio has a controlling share of 50.57% in Mediahuis. The participation percentage of AvH in Mediahuis is therefore 13.2%.

A focus on strong brands, a concentration of forces and digital transformation continue to be the thread in the strategy of Mediahuis in 2018.


Press releases