Banijay Group N.V.
BNJ
ISIN NL0015000X07 / Valor 119402751
Banijay Group N.V.
UMushroom community rating:
About company
FL Entertainment N.V. is a company that operates in the entertainment industry, focusing on content production and distribution as well as online sports betting and gaming. The company aims to entertain audiences globally in a sustainable and responsible manner. With a diverse portfolio of entertainment offerings, FL Entertainment N.V. strives to provide engaging and enjoyable experiences for its customers while maintaining a commitment to ethical business practices.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (07.08.2024):
Revenue Growth
Banijay Group N.V. reported an 8.6% increase in revenue for the first half of 2024, reaching €2,093 million. This growth was driven by strong performance across various segments, including online sports betting and gaming, which saw significant market share gains.
Adjusted EBITDA
For the first half of 2024, Banijay Group N.V. achieved an 11.7% increase in adjusted EBITDA, amounting to €368 million. The adjusted EBITDA margin improved to 17.6%, up 60 basis points compared to the same period in 2023, reflecting operational efficiencies and robust revenue growth.
Net Income
Banijay Group N.V. reported a substantial increase in net income for the first half of 2024, reaching €40 million, compared to €12 million in the first half of 2023. Adjusted net income also saw a significant rise of 13.9%, totaling €191 million at current currencies.
Free Cash Flow
The company reported an adjusted free cash flow conversion rate of 77% for the first half of 2024, slightly down from 84% in the same period of 2023. Despite this decrease, Banijay Group N.V. maintained a strong liquidity position with €397 million in available funds and a stable leverage ratio of 3.1x.
Outlook
Banijay Group N.V. remains on track to meet its full-year 2024 guidance, expecting low teens organic growth in adjusted EBITDA. The company anticipates a strong pipeline of scripted show deliveries in Q4 2024, along with continued growth in content production and distribution, and a robust schedule of live events in the second half of the year.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3574 M
Market cap (USD)
81
Daily traded volume (Shares)
8.2 / 8.1
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
