Report
Jerôme Bodin

NRJ Group : Revenues a shade below expectations but return to growth for radio business

>Revenues for the radio division up 1% in Q3 - NRJ Group yesterday evening reported Q3 2019 revenues a shade below expectations (€ 86m vs € 88m forecast) but with growth in the radio division of 1.1% in Q3. Our expectations are unchanged following this release. Their advertising momentum reflects a slight improvement at the radio division but is combined with an increase in costs for the radio division (investments in programming) which should result in a decline in p...
Underlying
NRJ Group SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Jerôme Bodin

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