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NMG HY 2017 Results
Ericsson
#1 Posted : Wednesday, July 26, 2017 1:38:34 PM
Rank: Elder


Joined: 12/4/2009
Posts: 3,592
Location: NAIROBI
H1 results up by 2.3% to Ksh1.2bn
Digital revenues up by 54%
Strong performance by ntvkenya
Interim dividend Ksh2.50

http://www.businessdaily...32834-o9y6wsz/index.html
watesh
#2 Posted : Thursday, July 27, 2017 1:29:05 PM
Rank: Member


Joined: 8/10/2014
Posts: 574
Location: Kenya
I wish they could expound on profit margins on each division....
obiero
#3 Posted : Thursday, July 27, 2017 3:09:22 PM
Rank: Elder


Joined: 6/23/2009
Posts: 7,116
Location: nairobi
watesh wrote:
I wish they could expound on profit margins on each division....

That would be nice but not very necessary
one thing that's certain is that there's uncertainty at the NSE and stocks hate uncertainty
Ericsson
#4 Posted : Monday, July 31, 2017 12:12:37 AM
Rank: Elder


Joined: 12/4/2009
Posts: 3,592
Location: NAIROBI
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.
murchr
#5 Posted : Monday, July 31, 2017 10:48:25 PM
Rank: Elder


Joined: 2/26/2012
Posts: 11,664
Ericsson wrote:
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.


Nation had a very good product N-soko, but they werent able to pull it off.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
sparkly
#6 Posted : Tuesday, August 01, 2017 7:05:25 AM
Rank: Elder


Joined: 9/23/2009
Posts: 5,554
Location: Enk are Nyirobi
Ericsson wrote:
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.


Death of print
Life is short. Live passionately.
Ebenyo
#7 Posted : Tuesday, August 01, 2017 9:47:23 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 927
Location: Kitale
[quote=Ericsson]H1 results up by 2.3% to Ksh1.2bn
Digital revenues up by 54%
Strong performance by ntvkenya
Interim dividend Ksh2.50

http://www.businessdaily...2834-o9y6wsz/index.html[/quote]


would you pliz post a link to the full results?
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily
Ericsson
#8 Posted : Tuesday, August 01, 2017 10:47:16 AM
Rank: Elder


Joined: 12/4/2009
Posts: 3,592
Location: NAIROBI
Ebenyo wrote:
[quote=Ericsson]H1 results up by 2.3% to Ksh1.2bn
Digital revenues up by 54%
Strong performance by ntvkenya
Interim dividend Ksh2.50

http://www.businessdaily...2834-o9y6wsz/index.html[/quote]


would you pliz post a link to the full results?


http://www.nationmedia.c...esentation-26-7-2017.pdf
chiaroscuro
#9 Posted : Tuesday, August 01, 2017 10:55:32 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 966
Location: Nairobi
sparkly wrote:
Ericsson wrote:
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.


Death of print


I haven't been too keen on this; but, didn't they buy a new printing press recently? And now watch print revenues dropping all over the place!
Ebenyo
#10 Posted : Tuesday, August 01, 2017 10:58:07 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 927
Location: Kitale
chiaroscuro wrote:
sparkly wrote:
Ericsson wrote:
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.


Death of print


I haven't been too keen on this; but, didn't they buy a new printing press recently? And now watch print revenues dropping all over the place!



Now that they have embraced technology,going forward they will do well.
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily
Pesa Nane
#11 Posted : Tuesday, August 08, 2017 6:52:50 PM
Rank: Elder


Joined: 5/25/2012
Posts: 3,343
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Ebenyo
#12 Posted : Monday, August 21, 2017 4:32:59 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 927
Location: Kitale
Ericsson wrote:
[quote=Ebenyo][quote=Ericsson]H1 results up by 2.3% to Ksh1.2bn
Digital revenues up by 54%
Strong performance by ntvkenya
Interim dividend Ksh2.50

http://www.businessdaily...2834-o9y6wsz/index.html[/quote]


would you pliz post a link to the full results?


http://www.nationmedia.c...sentation-26-7-2017.pdf[/quote]

thanks ericson.these were good results.They should concetrate so much on growing digital revenues and things will be better.
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily
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