NRJ Group : 2021 results in line with our expectations, growth in Q1 2022
>Neutral rating reiterated - Yesterday, NRJ Group reported FY 2021 results in line with our expectations. Underlying operating profit came in at € 35.6m while we were looking for € 35.4m and the consensus € 31.7m. This publication is therefore perfectly in line and we are making only marginal adjustments to our forecasts for 2022 and 2023 (mainly under the effect of the absence of fiscal assistance). The start of the year is going well from an advertising viewpoint b...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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