Aug 24 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC)
- Fy revenue $1.24 billion versus $1.28 billion
- Fy net profit after tax $123.6 million versus $120.3 million
- Fully franked final dividend of 5.0 cents
- In FY18, free to air reported costs are expected to be broadly flat
- In FY18, company expects to pay similar dividends at c9.5 cents per share
- Metro free to air market is expected to decline by 1-2% for fy18
- In fy18, fta reported costs are expected to be broadly flat, exclusive of impact of proposed introduction of spectrum fees
- Co's free to air revenue share in fy18 is expected to be at least 37.5%
- For FY18, current range of published analyst forecasts for group ebitda is $186m to $207m, with a mean of $198m
- Nine expects to report fy18 group ebitda towards upper end of current analyst range
- Over time, dividend payments are expected to migrate towards a payout ratio of 50-70% of npat pre-specific items
Aug 24 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC) Fy...
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