NRJ Group Announces Strong Growth in 2024 Half-Year Results

NRJ Group has reported robust growth across all its divisions for the first half of 2024. The board, which met on July 30, 2024, approved the consolidated accounts showing significant year-over-year gains.

Revenue excluding barters increased by 4.0% to €191.5 million. EBITDA excluding barters surged by 22.7% to €36.2 million, while current operating profit excluding barters climbed by 39.9%. The group's net profit rose by 31.6% to €20.0 million. Despite a slight dip in net cash surplus, the figure remains strong at €296.3 million.

The Television division turned a profit of €1.2 million, reversing a loss from the previous year. Radio division revenue rose by 2.2%, despite a dip in national revenue. Broadcasting revenue grew by 7.1%, driven by DAB+ rollout and cost reductions in electricity.

NRJ Group continues to demonstrate its resilience and adaptability, supported by strong brand performance and increased audience engagement across its media platforms.