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LBG reports double digit profits in H1

London-based LBG Media, a social entertainment powerhouse with a focus on young adults, has reported H1 total Group revenue up 13 per cent, reflecting momentum with clients. In a financial statement, the company said: “Whilst mindful of heightened macroeconomic volatility and the impact of tariff uncertainty on advertising spend and advertising yields since the half […]

June 25, 2025By Chris Forrester

Sennheiser sees “slight decline” in FY sales

The Sennheiser Group has reported that ot achieved sales of €492.3 million in fiscal year 2024. Despite volatile market conditions, the company was says it was able to consolidate its position in the professional audio market and drive forward key future projects. In the year of its 80th anniversary, Sennheiser says it is thus continuing […]

June 20, 2025

MultiChoice reports “resilient performance” despite sub losses

MultiChoice Group has reported that it “demonstrated resilient operational performance” for the year ended March 2024, delivering a 26 per cent trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48 per cent, despite a challenging macro-economic conditions. Clear strategic milestones were reached, with the group successfully launching […]

June 12, 2025

Nvidia “continues to lead the AI boom”

Tech giant Nvidia has released its earnings report for the first quarter FY26, with the results exceeding analyst expectations. After what has been a tumultuous quarter for the artificial intelligence (AI) chip manufacturer, given the political tensions between the US and China, revenue came in at just over $44 billion (€39bn) – a 69 per […]

May 29, 2025

BT “delivers strong progress in strategic priorities”

BT has reported full year revenues (to March 31st) of £20.4 billion (€24.2bn), down 2 per cent, mainly attributed to continued challenging trading conditions in Global and non-UK Portfolio channels and weaker handset trading in Consumer, offsetting the benefit of FTTP growth in Openreach and price increases. Adjusted UK service revenue was at £15.6 billion, […]

May 22, 2025

Nilesat Q1 revenues dips

Cairo-based satellite operator Nilesat suffered a downturn in its revenues for the first quarter of the year (to March 31st) although net income rose. For the first quarter, Nilesat reported sales was $24.07 million (€21.3m) compared to $25.45 million a year ago. Net income was $14.75 million compared to $6.38 million a year ago. The […]

May 22, 2025By Chris Forrester

Channel 4 reports record 1.8bn streaming views in 2024

Channel 4 has published its Annual Report for 2024, demonstrating “digital growth, creative impact and financial resilience” as the channel delivers its Fast Forward strategy. 2024 marked the final full year under CEO Alex Mahon, who has led the broadcaster through a major transformation to become the UK’s first public service streamer. Mahon, CEO, commented: […]

May 21, 2025

STV outlines FastFwd strategy

Scottish commercial PSB STV Group is holding a Capital Markets Event for analysts and investors at which the leadership team will present STV FastFwd to 2030, a refresh of the business strategy, and set out new long-term growth targets. Through execution of this strategy, STV’s vision for 2030 is to be a globally recognised content […]

May 21, 2025By Colin Mann

Sunrise Q3 revenue down 3.3% YoY

Swiss telco Sunrise said reported Q1 2025 revenues decreased by 3.3 per cent year-on-year to CHF 722 million (€768.7m)’ largely attributed to lower device sales and a wind down of promotional TV bundles. Sunrise recorded continued net customer growth in Q1 2025, with +12,000 mobile postpaid RGUs (revenue generating units) and +5,000 broadband Internet RGUs. […]

May 19, 2025

Eutelsat Q3: ‘Financially stretched’

Paris-based satellite operator Eutelsat has unveiled its Q3 results, which were much as expected. CFO Christophe Caudrelier – handling the presentation given Eva Berneke’s departure and the new CEO not due to start until June 1st – told analysts that Eutelsat needed a large injection of equity to enable much-needed loans to kick in. The […]

May 16, 2025By Chris Forrester