Prime Media Group Limited Reports Sales Results for the Year to Date to May 2019; Provides Earnings Guidance for the Full Year of 2019
June 04, 2019 at 07:23 am
Prime Media Group Limited reported sales results for the year to date to May 2019. For the period, the company's total advertising revenue was back 5.9% on the prior year, with the Federal election advertising gains not sufficient to match revenue gains in the prior year from the Commonwealth Games.
The company's full year core net profit after tax is expected to be within previous guidance of $16.0 million to $18.0 million.