Nine Entertainment Co Holdings Ltd operates in the Television broadcasting stations sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nine Entertainment Co Holdings Ltd with three other
radio and television broadcasters in Australasia:
Southern Cross Media Group Ltd
(2020
sales of 540.15 million Australian Dollars [US$407.97 million]
of which 69%
was Audio),
Sky Network Television Ltd
of NEW ZEALAND
(747.65 million New Zealand Dollars [US$525.40 million]
of which 100%
was Multi-channel Televisions Services), and
Seven West Media Ltd
(1.23 billion Australian Dollars [US$926.27 million]
of which 85%
was Television).
Sales Analysis.
During the second
fiscal
quarter of 2021, sales at Nine Entertainment Co Holdings Ltd totalled
A$1.16 billion.
This is a drop of 1.7%
from the A$1.18 billion in sales at the company during the second quarter in 2020.
Nine Entertainment Co Holdings Ltd reported sales of A$2.17 billion (US$1.64 billion)
for the
fiscal
year ending
June of 2020.
This
represents
an
increase of 17.1%
versus 2019, when the company's sales were A$1.85 billion.
This was the third consecutive year of growth at Nine Entertainment Co Holdings Ltd.
Sales of Stan saw an increase
that was more than double the company's growth rate: sales were up
141.8% in 2020, from
A$100.14 million to A$242.11 million.
Nine Entertainment Co Holdings Ltd also saw significant increases in sales in
Digital and Publishing (up 42.6% to A$606.92 million)
and
Domain Group (up 59.4% to A$267.84 million)
and
Corporate (up 31.3% to A$14.21 million)
.
Not all segments of Nine Entertainment Co Holdings Ltd experienced an increase in sales in 2020:
sales of Broadcasting fell 9.1% to A$1.05 billion.