NRJ GROUP (EPA:NRG) - NRJ GROUP - Financial Information Q3 2017

Transparency directive : regulatory news

07/11/2017 17:45

Paris, November 7, 2017 - 5.45 pm
Financial information for the 3rd quarter 2017 - NRJ Group

                      Television division returns to growth
              Solid momentum confirmed in International Activities
                    Slight decrease in consolidated revenue(1)

3rd quarter 2017
Consolidated Group revenue(1): EUR81.0 million

9 months 2017
Consolidated Group revenue(1): EUR260.4 million

                              3rd quarter               9 months to date
In millions of euros     2017    2016    Change       2017    2016   Change

Music Media
and Events               40.3    42.9    -6.1%       131.1   135.4    -3.2%

Television               18.6    18.4    +1.1%        61.5    62.1    -1.0%
International
Activities                9.0     8.2    +9.8%        28.0    25.5    +9.8%
Broadcasting             13.1    13.0    +0.8%        39.8    42.1    -5.5%

Revenue excluding        81.0    82.5    -1.8%       260.4   265.1    -1.8%
dissimilar
barters

Dissimilar barters        1.0     0.8   +25.0%         2.7     2.8    -3.6%

Revenue including        82.0    83.3    -1.6%       263.1   267.9    -1.8%
dissimilar barters

NRJ Group posted consolidated revenue(1) of EUR81.0 million for the third
quarter of 2017, down 1.8% compared to the same period last year. Consolidated
revenue(1) for the first nine months of 2017 totalled EUR260.4 million, down
1.8% compared to the same period in 2016.

MUSIC, MEDIA AND EVENTS (MME)

Given the consequences of the Fun Radio incident and its significant residual
effects, which remain strong enough to force Médiamétrie to reassess each
wave of the "126 000 Radio" study since November 2015, and which has continued
to impact audience figures in 2017, the radio business posted a 6.1% decrease
in the third quarter of 2017, following trends that have been seen in the radio
market.
For the new 2017/2018 season, NRJ Group continued to work on optimising its
radio programme scheduling. As such, the Group reviewed its morning shows,
injected innovation into its evening  shows and launched new programmes, in
particular the Rico Show presented by Aymeric Bonnery starting at 11:00 p.m.
and the Domingo Radio Stream, which began broadcasting on Sunday nights as of
October 22.
NRJ Group, the number one private Internet radio group in France, has almost
41.3 million active listening sessions per month(2) across its 220 free
Internet radio stations, whose monetisation is yet to be optimised.

TELEVISION

The Group's TV division revenue(1) increased 1.1% in the third quarter of 2017,
to EUR18.6 million vs. EUR18.4 million for the same period in 2016. The rise in
audiences among the Group's commercial targets favoured by advertisers,
underpinned by investments in programming made during the first half of 2017,
drove up third-quarter revenue(1).

During the quarter, the combined audience share of the NRJ Group's two free
channels (NRJ 12 + Chérie 25) came out to 2.6%(3) in the entire viewing
public, which was stable compared to 2016(4), while the share of the 25-49 year
age group increased 0.3pt(4) to 3.1%(3) and the share of the women under 50
responsible for purchases target rose 0.1pt(4) to 3.4%(3).

NRJ 12 continued to innovate and presented an enhanced schedule with new
content for the 2017/2018 season, including Les Vacances des Anges 2 and Les
incroyables aventures de Nabilla et Thomas en Australie. In September, NRJ 12
was the leading after-school DTT channel among the 15-24 age commercial target,
with an audience share of 9.6%(5) and, since the new season schedule started,
has been the leading channel in France(6) five times, in particular thanks to
Les incroyables aventures de Nabilla et Thomas en Australie.

In the third quarter, Chérie 25 posted an audience share of 1.1%(7) in the
entire viewing public, which was stable compared to the same period in 2016(8)
and had a record audience share in the entire viewing public of 1.9%(9) on
September 24.

Finally, NRJ Hits capitalised on its position as the top cable-satellite-ADSL
music channel(10).

INTERNATIONAL ACTIVITIES GOOD PEFORMANCE CONTINUES, DRIVEN BY THE
GERMAN-SPEAKING AREA

With revenue(1) of EUR9.0 million, up 9.8% on the same period in 2016,
International Activities pursued its good momentum in the third quarter of
2017, driven by the German-speaking area and the contribution from granted
licences.

BROADCASTING

The Broadcasting division recorded a revenue(1) of EUR13.1 million in the third
quarter, up slightly by 0.8% compared to the third quarter of 2016.

The Group is moving forward with its strategic reviews and is continuing to
look into different options that would enable towerCast to accelerate its
development.

Next release: Full year 2017 revenue on February 1, 2018, after market close.

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) Excluding dissimilar barters.
(2) ACPM-OJD, Global digital radio broadcasting, September 2017, active
listening sessions + 30 seconds. Worldwide. NRJ GROUP : 41,262,125 listening
sessions + 30 seconds.
(3) Médiametrie, Médiamat, Audience share, Day of viewing, NRJ GROUP, aged 4
years + and targets specified, 3h-27h, Monday to Sunday, Q3 2017.
(4) Médiametrie, Médiamat, Audience share, Day of viewing, NRJ GROUP, aged 4
years + and targets specified, 3h-27h, Monday to Sunday, Q3 2017 vs Q3 2016.
(5) Médiametrie, Médiamat, September 2017, Audience share, Day of viewing,
Monday to Friday,17.30-19.30.
(6) Médiamétrie - consolidated audience share, ranking, aged 15 to 24 years;
Les incroyables aventures de Nabilla et Thomas en Australie on August 28,
September 1 and 7, 2017; Le Mad Mag on September 5 and 13, 2017
(7) Médiametrie, Médiamat, Audience share, Day of viewing, CHERIE 25, aged 4
years +, 3h-27h, Monday to Sunday, Q3 2017.
(8) Médiametrie, Médiamat, Audience share, Day of viewing, CHERIE 25, aged 4
years +, 3h-27h, Monday to Sunday, Q3 2017 vs Q3 2016.
(9) Médiametrie, Médiamat, Audience share, Previous Day (live + catch up),
CHERIE 25, aged 4 years +, 3h-27h, September 24, 2017.
(10) Médiametrie, Médiamat'Thematik, consolidated audience, wave 33 (January
2, 2017- June 18, 2017), 3h-27h, Monday to Sunday - Coverage 4 weeks viewing
threshold 10 consecutive seconds.

About NRJ GROUP

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, 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 15 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: FR0000121691 ; Reuters: NRG-FR ; Bloomberg: NRG FP.

Analyst and Investor Information
NRJ GROUP - Investor Relations: 46-50 avenue Théophile Gautier 75016 Paris -
www.nrjgroup.fr
FTI Consulting - Arnaud de Cheffontaines | Marina Louvard /
Tel: + 33 1 47 03 68 10 / e-mail: nrjgroup@fticonsulting.com

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 Q3 2017

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