Revenue dip for HT&E's ARN in Q1, but Q2 tracking ahead of FY20
May 6, 2021 11:03 HT&E’s ARN is on track for revenue growth in Q2 of 2021, as revealed in a trading update at the HT&E Limited Annual General Meeting on Thursday (6 May). Themes of the presentation included renewed confidence in the Australian advertising market, with CEO Ciaran Davis noting that HT&E’s key asset Australian Radio Network (ARN) performed ahead of the market last year and is showing signs of a further upturn. Total revenues for ARN were down 2.5% in Q1 on the prior corresponding reporting period, but with revenues for April already up 53% year on year, HT&E is expecting an...
Source: mumbrella.com.au