Bob Peters assesses FM Financials for CY 2014

10 May 2015 · News

Who's making money and who's not? Calendar 2014 was a year of above average growth in aggregate revenues and operating expenses, but slightly reduced profitability, for Australia’s three c...

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Comments

FuzcappMonday 11th May 2015
The real story (once you get through the anti-Austereo bias) is ...
2011, there was around $160mil profit to be made (EBIT) out of metro radio in Australia.
2014 - there was around $160mil profit to be made (EBIT) out of metro radio in Australia. It's just being divvied up a bit differently.
And really - Harvey Norman would just about spend that all by themselves.
Not much to get excited about in the bigger picture, here.

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