NRJ Group Reports 1.4% Revenue Increase in Q3 2024

In the first nine months of 2024, NRJ Group reported a consolidated revenue of €282.6 million, marking a 1.4% increase from the prior year. Despite a decline in Q3 of 3.6% due to high benchmarks and the impact of the Paris Olympic Games, the Broadcasting segment showcased resilience with a 6.3% uptick.

The Radio division experienced a 3.8% dip in Q3 revenue, partially attributed to a significant prior year benchmark and the Olympic Games. Conversely, international markets contributed to a 7.3% growth. Cumulative revenue for this segment remained stable at €169.0 million over nine months.

Television revenue fell by 13.5% in Q3, impacted by the exclusive broadcasting of major sports events by other channels. However, the division maintained stable revenue of €54.1 million over the first nine months.