Broadcaster SCA, as it keeps tight control of costs in a “challenging” advertising market, has continued to gain revenue market share.
The media group told shareholders at its AGM that it has also made further “refinements” to the operating cost base.
CEO John Kelly reaffirmed that the company is on track to meet its underlying EBITDA guidance of $78 million to $83 million.
Kelly told shareholders that the priority for the year ahead was continuing to grow audio revenues across both broadcast and digital, and to maintain cost discipline and strengthen profit margins.
SCA recently released a trading update for the September quarter, showing audio revenue up 4.7% to $105.1 million.
The metro radio share was 29.8%, up 1.8 points on the previous year and LiSTNR digital audio revenue outpaced the market, with its share increasing to 49%, up five percentage points.
The merger of SCA and Seven West Media is expected early next year.
Kelly said the combination brings together two complementary businesses to create Australia’s leading cross-platform media network, with national scale across television, radio, print and digital assets.
“Our goal remains to deliver greater value to audiences, advertisers and shareholders through enhanced reach, data and innovation,” he said.
“Until this process is complete, our focus remains on maintaining our operational momentum and delivering on our FY26 plan.”
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