Nine grows revenue by 8% to $2.3bn, profits up 76%

Nine Entertainment Co has demonstrated ongoing recovery in its 2021 financial report revealing revenues of $2.3 billion for the 12 months to 30 June, an 8% increase on the prior corresponding period.

Some of the underlying numbers demonstrated Nine’s ongoing recovery off-the-back of a COVID-impacted 2020, with net profit after tax up 76% to $184 million and Group EBITDA before specific items up 43% to $565 million.

Nine FY21 Group Results [click to enlarge]