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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: 3,359
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: 559
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: 6,706
Location: nairobi
watesh wrote:
I wish they could expound on profit margins on each division....

That would be nice but not very necessary
www.winda.co.ke
Ericsson
#4 Posted : Monday, July 31, 2017 12:12:37 AM
Rank: Elder


Joined: 12/4/2009
Posts: 3,359
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: 11,296
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: 5,468
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: Member


Joined: 4/4/2016
Posts: 857
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: 3,359
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: 955
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: Member


Joined: 4/4/2016
Posts: 857
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: 3,228
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Ebenyo
#12 Posted : Monday, August 21, 2017 4:32:59 PM
Rank: Member


Joined: 4/4/2016
Posts: 857
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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