NRJ Group : Slight growth in radio in Q1 2019
>Good start to the year, after a difficult Q4 - NRJ Group’s Q1 2019 revenue, reported yesterday evening, was right in line with our expectations at € 96.1m (vs € 96.5m estimated). The momentum was better in the radio business (+1.7%), with a sequential acceleration after a tough Q4. This confirms a good start to the year in the French advertising market. The TV arm (23% of revenue) posted a very slight decline. Based on these performances, our estimates are unchanged....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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