NRJ Group : Q4 in line with forecasts, January a difficult month in radio
>Q4 perfectly in line with our forecasts - Yesterday evening, NRJ Group published Q4 revenue that was perfectly in line with our forecasts but with a more difficult performance than anticipated in radio (-12% vs -9% forecast). This division did not benefit from the rebound in advertising investment that was observed in the TV activity in Q4. The performance at the TV division was better than we had expected with growth of 4.8%. In light of this publication we have edg...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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