NRJ GROUP (EPA:NRG) - NRJ GROUP - Financial information Q1 2017

Transparency directive : regulatory news

09/05/2017 19:28

Paris, May 9, 2017 - 5:45 p.m.
Financial information for the 1st quarter of 2017

A good quarter for the Media business(1) in France and internationally: +2.6%
                         TV Division audience up 12%(2)

In millions of euros      Q1 2017   Q1 2016    Change

Music Media and Events      43.5     42.1       3.3%
Television                  19.5     20.1      -3.0%
International Activities     9.3      8.3      12.0%
Broadcasting                13.1     15.5     -15.5%
Revenue excluding
dissimilar barters          85.4     86.0      -0.7%
Dissimilar barters           0.6      0.8     -25.0%
Revenue including
dissimilar barters          86.0     86.8      -0.9%

In the first quarter of 2017, the Group recorded consolidated revenue(3) of
EUR85.4 million (stable compared to 2016 despite the full-year impact of the
termination of its broadcasting contracts (multiplexes R5 and R8), with EUR72.3
million generated by Media activities(1), which posted growth of 2.6%.

MUSIC, MEDIA AND EVENTS (MME)

Despite the consequences of the Fun Radio incident and its significant residual
effects, which have forced Médiamétrie to reassess each wave of the "126 000
Radio" study since November 2015, the revenue(3) of the Music, Media and Events
division in the first three months of 2017 was up 3.3% to EUR43.5 million.

In the first quarter of 2017, NRJ Group's radio activities posted growth of
1.3%. Bolstered by its unique national/local position and its strength among
the Millennials segment, the Group recorded significant growth in its core
business on the local level, and outperformed the market nationally.

Digital activities continued to see growth in the first quarter of 2017,
recording a 20% increase in revenue(3). In addition to marketing around the
internet radio stations, this growth is being driven by the Group's entire
digital ecosystem, and particularly the success of local advertising.

The NRJ brand consolidated its appeal in the early part of the year, ranking
among the top five most popular music websites and mobile apps(4) and retaining
its top place among digital radio brands(5). The Group also posted an all- time
record in its premium digital radio activities (FM broadcast signal), with over
22 million active listening sessions(6). Overall, with more than 220 digital
radio stations, the four radio brands of NRJ Group recorded over 45.6 million
active listening sessions in March 2017(7).

TELEVISION

In the first quarter of 2017, the TV division's free channels (NRJ 12 and
Chérie 25) recorded new audience gains both across the entire viewing public
and for privileged commercial targets. The audience share for individuals aged
4+ years reached 2.8%(8), a 0.3 p.p. increase(9) compared to the first quarter
of 2016. For Millennials (commercial target between 15 to 24), audience share
amounted to 6.4%(10), a 1 p.p. increase year-on-year(11).

NRJ 12 posted an audience share of 1.6%(12) for all audiences in the first
quarter of 2017, compared to 1.7%(13) for the same period in 2016. It
nonetheless placed first in March in the after-school segment in France(14)
among the 15-24 commercial target, with an audience share of 19%.

Chérie 25 recorded renewed audience share growth over the period, reaching
1.2%(15) overall compared to 0.8%(16) one year earlier. The channel benefited
from its clear messaging ("a film every night"), a perfect fit with its women
responsible for purchases target and the iconic daily programme "C'est mon
Choix".

The TV division posted a 3.0% decrease in revenue(3) in the first quarter of
2017, with revenue totalling EUR19.5 million. This result is attributable to
unfavourable base effects, as the revenue(3) of the TV division recorded strong
growth (8.6%) during the first quarter of 2016.

INTERNATIONAL ACTIVITIES

International activities saw strong momentum in the first quarter of 2017, with
revenue(3) up 12.0% vs. 2016 to EUR9.3 million thanks to strong performance in
Germany and Belgium, as well as the signing of three new licence agreements in
Georgia, Morocco and Egypt.

BROADCASTING

In the first three months of 2017, the Broadcasting division recorded
revenue(3) of EUR13.1 million, an expected decrease (-EUR2.4 million) compared
to the first quarter of 2016. This decrease is attributable to the termination
of its broadcasting contracts - multiplexes R5 and R8 - effective April 5,
2016. Adjusted for this impact, revenue saw growth of 2.3% and was driven by FM
broadcasting activities.

Next release: General Shareholders' Meeting on May 18, 2017 at its registered
office and publication of 2017 half-year results on July 26, 2017, after close
of trading.

Notice: Some of the information contained in this financial release may be
provisional. This information reflects either trends or objectives and cannot
be taken as a forecast of results or of any other performance indicator. By its
very nature, such information is subject to risks and uncertainties which may,
in certain cases, be beyond the Company's control. More details on these risks
and uncertainties can be found in the Company's Registration Document, which is
available on its website (www.nrjgroup.fr) in the "Finances/ Publications
financières/ Rapports financiers" section.

Sources:

(1) The Media business includes the MME, Television and International
Activities segments.
(2) Médiametrie-Médiamat, aged 4 years +, Monday to Sunday, 3h-27h, (NRJ 12 +
Chérie 25), Audience share, Day of viewing, Q1 2017 vs Q1 2016 (%)
(3) Excluding dissimilar barters.
(4) Médiametrie and Médiamétrie// NetRatings - Mobile internet audience -
France - February 2017- aged 11 years +, Brand NRJ
(5) ACPM-OJD, Global digital radio broadcasting, March 2017, active listening
sessions + 30 seconds. Worldwide. NRJ: 27,774,643 listening sessions + 30
seconds.
(6) ACPM-OJD, Global digital radio broadcasting, March 2017, active listening
sessions + 30 seconds. Worldwide. Active listening sessions of premium radio
stations: NRJ: 10,635,309 - Chérie FM: 4,779,570 - Nostalgie: 4,241,624 - Rire
& Chansons: 2,366,271 = 4 premium stations, NRJ Group: 22,022,774 sessions.
(7) ACPM-OJD, Global digital radio broadcasting, March 2017, active listening
sessions + 30 seconds. Worldwide. NRJ Group: 45,636,460 listening sessions + 30
seconds .
(8) Médiametrie-Médiamat, aged 4 years +, Monday to Sunday, 3h-27h, (NRJ 12 +
Chérie 25), Audience share, Day of viewing, Q1 2017.
(9) Médiametrie-Médiamat, aged 4 years +, Monday to Sunday, 3h-27h, (NRJ 12 +
Chérie 25), Audience share, Day of viewing, Q1 2017 vs Q1 2016.
(10) Médiametrie-Médiamat, aged 15-24 years, Monday to Sunday, 3h-27h, (NRJ
12 + Chérie 25), Audience share, Day of viewing, Q1 2017.
(11) Médiametrie-Médiamat, aged 15-24 years, Monday to Sunday, 3h-27h, (NRJ
12 + Chérie 25), Audience share, Day of viewing, Q1 2017 vs Q1 2016.
(12) Médiametrie-Médiamat, aged 4 years +, Monday to Sunday, ,3h-27h, NRJ 12,
Audience share, Day of viewing, Q1 2017.
(13) Médiametrie-Médiamat, aged 4 years +, Monday to Sunday, 3h-27h, NRJ 12,
Audience share, Day of viewing, Q1 2016.
(14) Médiametrie-Médiamat, aged 15-24 years, Monday to Friday, 16.30h-19.15h,
NRJ 12, Audience share, Day of viewing, March 2017.
(15) Médiametrie-Médiamat, aged 4 years +, Monday to Sunday, 3h-27h, Chérie
25, Audience share, Day of viewing, Q1 2017.
(16) Médiametrie-Médiamat, aged 4 years +, Monday to Sunday, 3h-27h, Chérie
25, Audience share, Day of viewing, Q1 2016.

AboutNRJGROUP

NRJ GROUP is one of France's leading private media groups in the publishing,
production and broadcasting sectors and also markets its own media spaces.

In France, the Group tops the private radio market with its four brands (NRJ,
CHERIE FM, NOSTALGIE and RIRE & CHANSONS), is a significant player on the
television market where it operates and develops two free national channels
(NRJ 12 and CHERIE 25) and a paid channel (NRJ HITS, the number 1 cable-
satellite-ADSL music channel) and, through its subsidiary towerCast, ranks
number two on the French broadcasting market. Backed by its strong brands,
marketing expertise and commercial performance, in recent years the Group has
also developed a digital ecosystem enabling it to monitor and anticipate
changes in the consumption of media via new delivery mechanisms, expanding its
original brand portfolio through websites, mobile apps, multi-channel networks
and more than 220 Internet radio stations. Today, NRJ Group is the number 1
private Internet radio group in France. This digital presence enables the
Group's advertising business to provide its clients with a more targeted
offering thanks to the strategic data collected by the Group.

On the international market, the Group is present in 14 other countries, either
directly or through NRJ/ENERGY, the number one international radio brand,
and/or NOSTALGIE/NOSTALGIA licensing agreements.

NRJ GROUP shares are listed on the Euronext in Paris (compartment B).
Codes - ISIN: FR000121691; Reuters: SONO.PA; Bloomberg: NRG FP.

Analyst and Investor Information
NRJ GROUP - Investor Relations: 46-50 avenue Théophile Gautier 75016 Paris -
www.nrjgroup.fr
Ghislaine Gasparetto - Actifin / Tel: + 33 1 56 88 11 22 /
e-mail: ggasparetto@actifin.fr

NRJ GROUP, a public limited company with capital of 784,178.46 euros
Head office: 22 rue Boileau 75016 Paris
332 036 128 RCS PARIS

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NRJ GROUP (EPA:NRG) - NRJ GROUP - Financial information Q1 2017

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