NY - 08/30/2018 (PRESS RELEASE JET)
Shareholder’s NewsLetter: Summer 2018
On behalf of the Board of Directors, we welcome our shareholders to the end of Summer 2018 issue of the UCP Newsletter. Below you will find the most current information as reported by the management of the various companies that fall under our UCPA holding company umbrella.
As always, we thank you for your continued solid support as we focus our efforts on a stronger 4th quarter. ……Ken
Tre Kronor Media Stockholm
A letter from the CEO of Tre Kronor Stockholm:
Q2 has been a solid quarter. The loss of Kindred Group and Scandinavian Airlines in Q1 has put extra pressure on our operations. The 2 new clients from Q1, Lyko and Global Gaming, have developed very well during Q2, but we would very much like one large client coming in before the end of the year.
Media investments are in line with our budget. With a successful up sell into our insight & research product and good cost control, we will reach a higher revenue YTD, as summarized in Q2.
There have been no recruitments made recently. However, we have open positions within Social Media, Insight and digital planning. As we expand our staff, we plan is to have these new employees in place before start of Q4.
The trends for media investments in Sweden is shown in the media barometer chart, presented below. In looking at the chart, you will notice that TV had a fantastic month in June. This was due to World Cup Soccer (+51.8%). YTD shows a +7.7% in total investments. In sum, the winners YTD are OOH (+26.5%), Social Media (+19.3%), Online Video (+16.2%) and Radio (+18.0%). We expect this trend to continue.
CEO Tre Kronor Media
TreKronor Media Denmark
The team in the Copenhagen office continues to work hard to bring in new business to strengthen total revenue for the year. Many brands this time of the year are planning for early 2019 spending, As TreKronor DK continue to pitch for additonal business, they are focused on ending the year on a high note.
Local Planet – Sweden
Local Planet is still a small entity relative to Tre Kronor. They continually are involved in business development both locally and nationally. We have high hopes for this small but strong team of employees.
About United Communications Partners
United Communications Partners (UCP) is a leading Nordic Region communication’s group listed on the OTC Markets under the symbol UCPA. We are comprised of award winning innovative full service media agencies located in the Nordics. With the client’s needs always top of mind, UCP’s mission is to grow our client’s business exponentially, utilizing cautious strategy, smart client development and expert advice. The core of our expertise exists within our pioneering performance based marketing, advanced digital capabilities, prominent business expansion success and creative deal structuring for our clients.
For more information please visit our website: www.ucpworld.com or find us on the NewMediaWire, news wire gateway to thousands of news outlets including: Reuters, DowJones, Bloomberg, Yahoo Finance, WSJ and many more.
NICLAS FRÖBERG LARS BÖNNELYCHE LARS BLOMBERG ANNA-KARIN DARLIN KENNETH ROSENTHAL
United Communications Partners Inc.
291 Broadway, Suite 302
New York, NY 10007
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