Nine Entertainment AGM Update: Trading and Strategic Outlook
Key points
- Nine expects FY27 revenue and EBITDA growth driven by diversified portfolio
- Digital subscription revenue up 7% in Q1 FY27
- Outdoor media revenue growth expected in mid-teens in H1 FY27
- Nine anticipates Stan's EBITDA growth, benefiting from Stan Sport and Premier League rights
- Company targets $180m in annualized savings by FY27
Full summary
Nine Entertainment Co. Holdings Ltd. provided a trading update and presentations for its 2026 Annual General Meeting, highlighting expected revenue and EBITDA growth in FY27. The company anticipates growth across its diversified portfolio, including a 7% increase in digital subscription revenue in Q1 FY27 and mid-teens growth in outdoor media revenue in H1 FY27. Additionally, Nine expects EBITDA growth at Stan, driven by Stan Sport and the second season of Stan's Premier League rights. The company also aims to exceed its previous estimate of $160m in annualized savings by FY27, reaching at least $180m.
Guidance
Expected FY27 revenue and EBITDA growth, 7% digital subscription revenue increase in Q1 FY27, mid-teens outdoor media revenue growth in H1 FY27, Stan EBITDA growth, $180m annualized savings by FY27
Outlook
Nine Entertainment Co. Holdings Ltd. expects another year of growth in FY27, driven by its diversified portfolio and strategic initiatives, despite an uncertain economic climate.
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