Nine posts strong profit growth as it awaits Fairfax takeover approval

Nine CEO Hugh Marks has pushed the benefits of a widespread and broad offering should its merger with Fairfax Media go ahead, after a strong year of financial results.

Fiscal year 2018 saw Nine finish with an interest, tax, depreciation and amortisation increase of 25% from the year prior and a 27% increase in net profit.

Nine returned to black this financial year

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