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Nine Entertainment Co. Holdings Limited (ASX:NEC)

ALERT: Price-sensitive ASX Announcement for NEC
Current share price for NEC : $0.955 -0.105 (-9.91%)+
Announcement
Release
24 Feb 2026 8:23AM
Price at Release
$1.060
Full Release
download
Summary
Nine Entertainment Co. Holdings Limited reported its interim financial results for the six months ending December 31, 2025. Despite challenges in the advertising market and the impact of the Paris Olympics, Nine's Group EBITDA increased by 6% to $201 million, with a net profit after tax up 30% year-on-year to $95.2 million. The company saw strong content and audience growth across its platforms, including a 15% revenue increase in Stan, driven by sports content. While total television revenues declined by 14% due to Olympic comparatives, Nine maintained a 40.3% market share. Cost management resulted in an $85 million reduction in H1 costs. The strategic transformation included the acquisition of QMS Media and a restructuring of NBN and Nine Darwin into affiliate models.
Key Points
  • Nine reported Group EBITDA of $201 million, a 6% increase.
  • Net Profit after Tax increased by 30% to $95.2 million.
  • Revenue for H1 FY26 was $1.14 billion.
  • Stan's revenue grew by 15% due to sports content.
  • Total television revenue decreased by 14% due to Olympic comparatives.
  • Nine maintained a 40.3% market share in Total Television.
  • H1 costs were reduced by $85 million.
  • Strategic acquisitions and restructuring were undertaken, including QMS Media.
  • Interim dividend of 4.5 cents per share declared.
  • Strong content and audience growth were reported across platforms.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.