Vodafone Spain, now under the control of UK-based fund Zegona since June 2024, closed its most recent fiscal year (ending March 31st) with losses of €82.12 million. Despite the red figures, the company’s EBITDA rose by 2.8 per cent to €1.24 billion, while operating cash flow jumped 54.7 per cent to €625 million. Total revenues […]
BBC Commercial, the media company which is part of the BBC Group, has released its annual results as part of the BBC’s Annual Report and Accounts, marking a year where the company delivered record revenues of £2.2 billion (2023/24: £1.9 billion) and EBITDA of £228 million (2023/24: £199 million), driven by a diversified portfolio; strong […]
Ericsson has reported that Q2 2025 sales grew by 2 per cent, driven by market area Americas and IPR licensing, partly offset by declines in other market areas, with investments in India on hold. Reported sales were SEK 56.1 billion (€4.99bn), with a SEK -4.7 billion FX impact. Adjusted gross income increased to SEK 27 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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: […]