HT&E shares up as company looks to offload Soprano
Key Points
- Revenue ($m) 197.3, down 22pc from year-earlier 252.7
- Pretax profit ($m) 28.7 v 54.6
- Net profit ($m) -42.5 v -14.2
- Full-year dividend nil v 8.6c
Here, There & Everywhere chief executive Ciaran Davis says despite a dramatic three-week period of advertising cancellations at the start of COVID, broadcast radio and digital audio listenership has grown year on year as audiences flock to media’s most intimate medium.
HT&E said on Wednesday that its full-year revenue fell 22 per cent to $197.3 million, mostly because of a drop-off in the local advertising marketing in the first half of the year.
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