Nine Entertainment Co.
(ASX:NEC) has reported that its full year net profit after tax rose 27 per cent to $156.7 million from $123.6 million.
Revenue rose 6.5 per cent 6.5 per cent to $1.318 billion from $1.238 billion in financial year 2017.
Group EBITDA of $257 million up 25 per cent from $205.6 million on last year’s results.
The proposed merger with Fairfax will see more change within the company if it goes through.
They will pay final dividend, for full year of 10.0 cents, fully franked, 5 cents up on last year.
Shares in Nine Entertainment Co.
(ASX:NEC) are trading 2.09 per cent higher to $2.44
