Presentation - 2026 Half Year Results
| Stock | Arn Media Ltd (A1N.ASX) |
|---|---|
| Release Time | 21 Aug 2026, 8:27 a.m. |
| Price Sensitive | Yes |
ARN Media Reports 2026 Half Year Results
- Cost base re-set with $55m in cost savings expected by FY27
- Stabilized core business and focused on regaining lost radio share
- Digital revenue growth offsetting low single-digit radio declines
ARN Media reported its 2026 Half Year Results, highlighting a re-set cost base with $55 million in cost savings expected by FY27. The company stabilized its core business and focused on regaining lost radio share. Digital revenue growth is offsetting low single-digit declines in radio. The company's total revenue declined by 14% due to brand safety issues and the election in the PCP. Despite this, digital revenue increased by 16%, and the company is on track to deliver $55 million in cost savings by FY27. The company's EBITDA declined by $6.8 million, but disciplined cost and capital management partially offset revenue declines. The company's net debt was reduced by $28.1 million, driven by strong cash generation and disciplined working capital management.
On track to deliver $55m in cost savings by FY27
ARN expects the total audio advertising market to be broadly flat in FY26, with low single-digit declines in the radio market offset by growth in the digital market. The company expects its Metro revenue share to improve in 2HFY26.