Nine Entertainment Co. Holdings Limited (NEC) Earnings Call Transcripts

Nine Entertainment Co. Holdings Limited's Latest Earnings Call - June 15, 2026

In the earnings call for Nine Entertainment Co. Holdings Limited (NEC:AU) held on June 15, 2026, management reported a strong quarter with a revenue increase driven by the acquisition of QMS. For FY '26, they anticipate pro forma EBITDA growth of 12% to 15%, down from previous guidance of circa 20% due to a softer advertising market. Management highlighted that 70% of EBITDA is now from growth assets, indicating a strategic shift towards high-margin digital offerings.

Reported metrics

Guidance from management

Management maintained a cautious outlook for FY '27, expecting softer market conditions but aiming to remain in line with original business case projections. They emphasized the importance of the QMS integration in driving future growth.

What management said

Okay. So that's the end of the formal presentation. So we're going to go to Q&A. I'll take the questions and then pass on to the team. And if you get through that and you're still keen, we've got some sandwiches in Level 2. It would be great to see if anybody wants to hang around a little bit and continue the conversation. So I think we've got a roving mic. So anybody got a first question? Don't be shy. Yes, there ...

Look, it depends across the portfolio. I'd have to go back and get you the exact details there. But I think from a margin aspect, Martyn, do we declare those numbers? We don't? Okay. So look, across the board, you'd find depending on where the signs are and the revenue, you can write on the signs, depends on the margin play, but it's pretty even across the board, to be honest.

What analysts pressed on

Analysts expressed concerns about the competitive landscape in retail outdoor media and the potential impact of a soft advertising market on growth. Questions were raised regarding the sustainability of margins and the effectiveness of the MOVE measurement system in enhancing revenue.

Main topics on the call

• Revenue Growth and Guidance — Management revised FY '26 pro forma EBITDA growth expectations to 12% to 15%, down from circa 20% due to a weaker advertising market. They noted, 'quarter 4 actual growth in revenue is actually stronger than what we saw ...
• QMS Acquisition and Integration — The acquisition of QMS is seen as a pivotal move, with management stating it provides 'one of the most comprehensive and complete ecosystems in the Australian industry.' The integration is expected to enhance Nine's mark...
• Digital Focus and Market Position — Management emphasized that QMS is 96% digital, which is above the industry average of 77%. This digital-first approach is expected to drive higher margins and attract new clients, with John O'Neill stating, 'the opportun...
• Cost Synergies and Operational Efficiency — Management flagged annualized cost synergies of $20 million over three years, indicating a focus on operational efficiency post-acquisition. They highlighted that 'some of the agreements we're looking at finalizing are C...

Read the full Nine Entertainment Co. Holdings Limited transcript (June 15, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 20 Nine Entertainment Co. Holdings Limited earnings call transcripts on record, spanning February 25, 2020 to June 15, 2026. Based on this history, Nine Entertainment Co. Holdings Limited reports semi-annually. The most recent call on file is dated June 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NEC

Exchange

ASX

Country

AU

Sector

Communication Services

Industry

Media

Calls on record

20

First call

February 25, 2020

Most recent

June 15, 2026

Reporting cadence

semi-annually