Australian media conglomerate Nine has upgraded its earnings expectations as the advertising market extends its strong rebound.
Nine said on Thursday that it expects earnings before interest, tax, depreciation and amortisation before specific items in the six months ending December 31 to climb 40 per cent from the $251 million it made in the year-earlier period.
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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
