Quick highlight summary:
- 7.9% decline in TV ad market.
- NBCUniversal costs held YoY growth to <1%.
- Achieved >39% revenue share in 1H23 & 4Q; FY23 underlying share up 1.2 points
- NBCUniversal content boosts digital audience; 2 billion minutes annually expected by 2024.
- 7Digital EBITDA growth at 17%; digital earnings now >49%.
- Group EBITDA: $280M, down 18% YoY.
- Net cashflow: $155M, down 19%; Net debt: $249M.
- Group revenue: $1,488M, down 3% YoY.
- EBITDA & EBIT down by 18% & 23%, respectively.
- Statutory net profit: $146M, down 27% YoY
Ann: 2023 Annual Report, page-7
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