Nine Entertainment Reports Tough Year for Media Sector
Nine Entertainment Reports Tough Year for Media Sector
Nine Entertainment (ASX:NEC) has confirmed that the country's media sector is struggling, with declining revenue and earnings. However, unlike its rivals, Seven and Ten, Nine will still pay a dividend, albeit at a lower rate of 8.5 cents per share for the year.
澳大利亚新闻集团(ASX:NEC)确认该国媒体行业正面临困境,营收和盈利均在下降。然而,与竞争对手七号和十号不同,澳大利亚新闻集团将仍然支付股息,尽管股息率会降低至每股8.5美分。
Like its competitors, Nine has been forced to lay off hundreds of employees, including journalists and support staff, to offset weak advertising revenue and the loss of contributions from social media platforms like Meta.
与竞争对手一样,澳大利亚新闻集团被迫裁员数百名员工,包括记者和支持人员,以抵消广告收入疲软和社交媒体平台如Meta的损失。
Nine posted a 31% decline in profit for the year to June, falling from $194.5 million to $135 million. Group net profit after tax and minorities dropped 28% to $189.4 million. Group revenue decreased by 3% to $2.6 billion, and EBITDA slid 12% to $517 million.
截至6月,澳大利亚新闻集团的利润下滑了31%,从1.945亿美元降至1.35亿美元。经过税后净利润和少数股东的调整,集团净利润下降了28%,至1.894亿美元。集团营业收入下降了3%,至2.6亿美元,EBITDA下滑了12%,至5.17亿美元。
Nine's television business experienced a significant 32% slump in earnings, while its streaming service, Stan, reported 5% revenue growth. The publishing business saw revenue decline by 3%, and the radio business experienced a 33% drop in EBITDA.
澳大利亚新闻集团的电视业务利润大幅下滑32%,而其流媒体服务Stan的营收增长5%。出版业务的营收下降了3%,广播业务的EBITDA下降了33%。
Despite the challenges, Nine said that it expects to see growth in total TV revenue and metro free-to-air ad revenue in the coming quarter. The company also guided to weaker revenue and EBITDA for its publishing business next year, following Meta's decision to drop deals with news publishers.
尽管面临挑战,澳大利亚新闻集团表示预计下一季度的总电视收入和城市免费广告收入将会增长。该公司还预测其出版业务在明年将出现收入和EBITDA下滑,因为Meta决定终止与新闻机构的合作。
Nine CEO Mike Sneesby remained optimistic, highlighting the company's growth in total television audiences and the diversification of its revenue streams.
澳大利亚新闻集团首席执行官Mike Sneesby保持乐观,强调了公司总电视观众的增长和收入来源的多样化。