NRJ Group : 2018 EBIT in line, losses in TV reduced, but still high
>2018 EBIT in line and probable investment in radio in 2019 - Yesterday, NRJ Group reported 2018 results in line with expectations. The group is to present its results today at 3 p.m. CET. It will provide an update on the 2019 outlook for advertising and margins. 2019 will likely be marked by an increase in investment in radio (to support audience share and a rise in prices in the short term) and a contraction in the losses in TV. This sequence should, in our view, al...NRJ Group is engaged in the multimedia industry, particularly in France's private radio market. Co. also operates in 22 other countries, as of Dec. 31, 2012. Co. works as a publisher, producer, and brodcaster, while marketing its own media space. Co. also develops new media such as television, internet and mobile telephony. Co.'s core business consists of creating and developing media, whether it be radio stations, television or the Internet. Co.'s operations can be divided into six segments: Musical Media and Events; Television; International Activities; Shows and Other Productions; Broadcasting and Other Activities. Co.'s brands are NRJ, NOSTALGIE, CHERIE FM, RIRE and CHANSONS.
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