NRJ Group : H1 2024 results a little above forecasts thanks to the TV division
>Profitable TV division and good advertising trends in Q2 - NRJ Group reported yesterday evening H1 results ahead of our forecasts. EBIT came to € 20.7m, compared with our forecast of € 18.5m, driven by the strong performance of the TV division and good cost management in H1. The highlight of this release was the profitability of the TV division for the first time, with EBIT of € 1.2m following an excellent advertising performance in Q2, together with tight cost contr...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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