‘A tough market suits Nine well’: Mike Sneesby on ‘discipline around expenditure’ after results

Nine Entertainment Co (Nine’s) half-year results yesterday saw the group’s revenue grow 5% to over $1.4 billion. However, the net profit was pinched by increasing costs across all segments except for Publishing.

CEO of Nine, Mike Sneesby, said cost control will be one of the focuses for the rest of the financial year, against a “challenging advertising market ahead of us”.

Mike Sneesby