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Turnover up 19.3% over 9 months
NRJ Group's turnover for the first 9 months of the 2006 financial year is up 19.3% to 279.2 million euros. In the third quarter, the Group's turnover climbed 6.3% to 72.9 million euros due to the positive effects of diversification, in line with the multi-channel global strategy that the Group is implementing.
Turnover from radio in France has remained stable over the first 9 months of the year (-0.6%) despite a difficult third quarter (-10.2%), due to the slowing down of the advertising market over this period, in the radio segment in particular.
Turnover from international radio activity is in decline, mainly as a result of a slowing down of activity in the German-speaking area in the third quarter. The reorganisation of the management of this area, subsequent to the signing of an agreement with ARD-Werbung Sales & Services (AS&S), have a impact on this activity during this period.
Non-media turnover is up nearly 150% to 43 million euros (+35.1% at third quarter), due to both the success of the musical "Le Roi Soleil" [The Sun King] and, particularly in the third quarter, to the success of other non-media activities.
NRJ 12 turnover continues to climb, due to strong audience figures and to the confirmed success of Digital Terrestrial Television (DTT) in France. In September the channel revealed an opening schedule characterised by a decidedly semi-generalist editorial line.
NRJ Mobile confirmed its position as a major player in the MVNO market in France, gaining nearly 250,000 customers by 30 September 2006. Turnover generated from this activity, launched in November 2005, rose to 6.3 million euros in Q3 2006 and to 17.3 million euros in the first 9 months of the year.
The Group's broadcasting activity continues to show impressive turnover growth (+56.2% over the first 9 months to 8.9 million euros) as a result of the combined effect of the successful deployment of the first three DTT phases within France and the first broadcasting of Radio France.
Latest trend
The Group continues to implement its global multi-channel strategy and to register increased turnover.
NRJ 12 strengthens its prime time position with the introduction of American series BAYWATCH, having bought the broadcasting rights from TFI INTERNATIONAL. From Monday 27 November, BAYWATCH, the 90s hit TV show, will be broadcast Monday to Friday at 6.10 pm.
In October, NRJ Mobile reinforced its position within the "mobile music" market with the launch of a new offering with new competitive tariffs and exclusive access to "star system". Moreover, working with partner companies(2), NRJ Mobile is trialling a mobile payment system in the city of Strasbourg, thus aligning itself with new youth trends.
(2) Gemalto, Sagem Communication, Sagem Monetel, CM-CIC, Euro Information, Master Card, Inside Contactless,
Finally, radio activity in France in the month of October shows improvement on last year's performance.
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