Ericsson has reported its full year results, with sales declining by 5 per cent, impacted by a 6 per cent sales decrease in Networks. Reported sales were SEK 247.9 billion (€21.6bn). Adjusted gross income increased to SEK 111.4 billion with an increased contribution from all segments. Net income was SEK 0.4 billion. Börje Ekholm, President […]

Cairo-based satellite operator Nilesat saw its revenues fall marginally during 2024. In the year to December 31st its revenues were $101.14 million (€96.5m) down slightly from $101.82 million in the same period last year, but its total profit grew almost 24 per cent to $42.98 million (from $37.7 million). The past year saw new cooperation […]

ABS, formerly known as Asia Broadcast Satellite, has a recently appointed new CEO Mark Rigolle (who was previously CFO at SES and CEO at O3b) and announced some valuable new contracts over the past year. However, the headline numbers for the year to September 30th 2024 showed a fall of 4 per cent under what […]

LG Electronics has announced its financial results for the year 2024, disclosing a consolidated revenue of KRW 87.73 trillion (€58.6bn) and an operating profit of KRW 3.42 trillion. This marks a new record for the highest annual revenue in the company’s history. In terms of revenue, both the home appliances and the vehicle components business […]

UK-based LBG Media is a fast-growing mostly online entertainment business focusing on young adults. Its latest results are ahead of consensus expectations and the continued integration of its US businesses “delivered significant wins with a strong pipeline, providing confidence in future growth.” The company’s group revenue grew 22 per cent, with 6 per cent organic […]

STV Group, in a trading update, has reported that performance remains “in line with market expectations, despite ongoing weakness in the linear TV advertising and commissioning markets”. The Scottish broadcaster says it continues to trade well, winning commissions despite constrained budgets and delivering for its customers in a continued inflationary environment. The forward orderbook sits […]

San Francisco-based audio and visual technology company, Dolby Labs, has reported a strong financial performance for its Q4 and full year, showing solid growth in net income despite a slight decrease in total revenue compared to the previous year. Its share price rose 10 per cent in after-hours trading and what analysts saw as a […]

The Walt Disney Company has reported that Q4 revenues increased 6 per cent QoQ to $22.6 billion (€21.4bn), and 3 per cent for the year to $91.4 billion. The media and entertainment giant achieved 23 per cent growth in total segment operating income for Q4 and 21 per cent for the year, and 39 per […]

In the first nine months of 2024, German broadcaster ProSiebenSat.1 Group reported it generated Group revenues of €2.6 billion. This is an increase of 3 per cent reflecting higher Digital & Smart advertising revenues in the German-speaking region as well as  growth in the Commerce & Ventures segment. Organic growth – i.e. adjusted for portfolio […]

Deutsche Telekom has reported that it “remained on course for success” in Q3 2024, in line with the plans recently outlined by the company at its Capital Markets Day in mid-October. Revenue increased in the period from July to September by 3.6 per cent year-on-year in organic terms – i.e., excluding exchange rate fluctuations and […]