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NRJ Group Sustains Revenue Growth Amid Market Challenges in 2024
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NRJ Group Sustains Revenue Growth Amid Market Challenges in 2024

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The latest announcement is out from NRJ Group ( (FR:NRG) ).

NRJ Group’s revenue for 2024 showed resilience despite challenges, with consolidated revenue excluding barters increasing by 1.1% to €396.1 million. The Group’s radio division maintained stable revenue despite a high base effect and the impact of the Paris Olympics, while the television division faced slight revenue declines due to external uncertainties. The broadcasting division demonstrated strong growth, driven by the expansion of DAB+ and the integration of RadioKing. Overall, NRJ Group solidified its position as a leading media entity in France, with robust audience engagement across its platforms.

More about NRJ Group

NRJ Group is a prominent player in the media industry, offering a range of services including radio broadcasting, television programming, and digital audio content. It is renowned for its strong radio presence in France, catering to various demographics, and operates leading music channels and media outlets, positioning itself as a significant media and entertainment provider in the French market.

Average Trading Volume: 99

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €540M

For an in-depth examination of NRG stock, go to TipRanks’ Stock Analysis page.

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