Brief: NRJ Group Q3 Consolidated Revenue (Excluding Barters) Up At 88.7 Million Euros

NRJ SA

08/11/2022 17:17

Nov 8 (Reuters) - NRJ Group SA  SONO.PA :
    * CONTINUED GROWTH IN REVENUE FOR NRJ GROUP
    * CONSOLIDATED REVENUE RISES +8.7% OVER 9 MONTHS
    * GROUP REVENUE UP BY +1.7% IN Q3
    * Q3 CONSOLIDATED REVENUE (EXCLUDING BARTERS) EUR 88.7
MILLION
VERSUS EUR 87.2 MILLION YEAR AGO
    * MEDIA REVENUE VISIBILITY REMAINS VERY LIMITED FOR THE END
OF
2022
    * HAS SIGNED A NEW ELECTRICITY SUPPLY CONTRACT FOR THE YEAR
2023
ONLY
    * THIS CONTRACT WILL RESULT IN AN INCREASE IN ELECTRICITY
COSTS
FOR THE GROUP CURRENTLY ESTIMATED AT EUR 12 MILLION IN 2023,
COMPARED TO 2022
    * ANTICIPATES A DECREASE IN ITS ELECTRICITY COSTS IN 2024
AND 2025
COMPARED TO THE EXCEPTIONAL COST LEVEL EXPECTED IN 2023

Source text: https://bit.ly/3WIDDk9
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