Nine Entertainment Co. Holdings Ltd

NEC: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$5.80PyzxLlsxfsp

TV Weakness Mars Nine’s Earnings Outlook

Business Strategy and Outlook

Amid economic uncertainties, we are impressed by Nine Entertainment's progress on factors within its control. The balance sheet is solid, and TV ratings, advertising market shares, and pricing are improving. Critically, management has fundamentally restructured the cost base.

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