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HT&E Ltd ( (AU:A1N) ) has provided an update.
ARN Media Limited reported a 7% decline in total revenue to $142.3 million for the first half of 2025, with digital audio revenue growing by 21% to $13.4 million. The company is undergoing a strategic transformation to enhance digital capabilities and reduce costs, having already achieved $35 million in savings from a planned $40 million cost reduction program. This transformation aims to position ARN Media as a more competitive and digitally enabled organization, with significant improvements in cash flow and a reduction in net debt by $10.9 million. The company declared a fully franked interim dividend of 1.2 cents per share.
The most recent analyst rating on (AU:A1N) stock is a Sell with a A$0.49 price target. To see the full list of analyst forecasts on HT&E Ltd stock, see the AU:A1N Stock Forecast page.
More about HT&E Ltd
HT&E Ltd operates in the media industry, focusing on digital audio services and commercial broadcasting. The company is known for its digital platform iHeartRadio, which is a leading digital audio platform in Australia, and is involved in the rollout of the GOLD network to expand its market reach.
Average Trading Volume: 107,801
Technical Sentiment Signal: Sell
Current Market Cap: A$159.1M
Learn more about A1N stock on TipRanks’ Stock Analysis page.