NRJ Group: FY 2018 sales up 2.6%
(CercleFinance.com) - NRJ Group recorded consolidated sales of 109.
6 million euros in Q4 2018, down 2.1% year-on-year.
Consolidated sales amounted to 392.3 million euros in 2018, up 2.6% compared to 2017.
The 2018 revenues of the Radio division came in at 235.0 million euros, down 2.3%. Adjusted for the impact of Norway's change in its operating method of 2.9 million euros, and the impact of the “yellow vests” movement, the radio division's revenue would be almost flat in 2018.
The TV division recorded a 4.0% rise in revenue to 90.8 million euros, outperforming the market. The Broadcast division's sales reached 66.5 million euros, up 22.2% from 2017.
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