NEC nine entertainment co. holdings limited

News: NEC Nine Entertainment Says Continue To Expect Growth In Both Revenue And EBITDA In FY23

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    May 3 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC) :

    • IN CURRENT HALF, NINE CONTINUES TO EXPECT TO GROW ITS REVENUE SHARE OF ALL KEY ADVERTISING PLATFORMS
    • ADVERTISING MARKET EXPECTED TO REMAIN CHALLENGING THROUGH Q4 OF FY23
    • TOTAL TELEVISION ADVERTISING REVENUE FOR NINE WHICH IS EXPECTED TO BE DOWN IN VERY LOW SINGLE DIGITS (%) IN FY23 VERSUS FY22
    • EXPECTING FY23 EBITDA TO BE AROUND A$590-A$600M
    • TOTAL TELEVISION COSTS ARE EXPECTED TO INCREASE IN LOW SINGLE DIGITS IN SECOND HALF FOR NINE
    • NINE CONTINUES TO EXPECT GROWTH IN BOTH REVENUE AND EBITDA IN FY23
 
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