NRJ Group : Q3 2020 in line with activity down for the radio division
>Q3 revenue a shade above our forecast but Q4 set to be difficult - Yesterday NRJ Group published Q3 2020 revenue that came in a shade above our forecast (€ 85.9m vs € 84.4m forecast) but with a performance that fell well below our expectations at the radio division. Q3 revenue showed a marked improvement compared with the two previous quarters, notably with a good performance from the television and broadcast activities. The new health measures nonetheless suggest a ...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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