Nine posts strong profit growth as it awaits Fairfax takeover approval

Nine CEO Hugh Marks has pushed the benefits of a widespread and broad offering should its merger with Fairfax Media go ahead, after a strong year of financial results.

Fiscal year 2018 saw Nine finish with an interest, tax, depreciation and amortisation increase of 25% from the year prior and a 27% increase in net profit.

Nine returned to black this financial year

Subscribe to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Subscribe

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.