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Business Description: Ten Network Holdings Limited (TEN) invests in The Ten Group Pty Limited and controlled entities which operates multi-channel commercial television licences in Sydney, Melbourne, Brisbane, Adelaide and Perth, and several websites, led by www.ten.com.au.
Strategy Analysis: TENs strategy is to balance its ability to generate high returns by keeping costs low and investing in new programming to increase revenues. TEN is focused at appealing to the younger age group viewers. This targeted approach has enabled TEN to deliver the highest industry margin. Margins have recently been diluted as TEN invests in a bigger inventory of content to increase its revenue share of the market.
Ten Network Holdings reported a net loss of $12.87m for the year ended 31 August 2012. Revenues from ordinary activities were $861.75m, down 13.7% from last year. Basic and Diluted EPS was (1.15) cents compared to 1.36 cents last year. Net operating cash flow was $77.95m compared to $6.31m last year. No dividend was declared.
The Age 24/05/2013 |
The door has been opened to full deregulation of electricity prices in NSW after a report found there was a high degree of competition, with more than 60 per cent of households on unregulated contracts.
The Age 24/05/2013 |
James Hardie expects no big improvement in the housing market this year but says the sector has stabilised after interest rate cuts.
The Age 24/05/2013 |
Foster's owner SABMiller reported a 5 per cent drop in sales volumes in Australia over the past year but notched up 3 per cent growth in the fourth quarter, boosted in particular by the relaunch of Victoria Bitter.
The Age 24/05/2013 |
The ASX took more than three hours to tell stockbrokers and investors a computer failure had knocked out its critical market announcements feed in October last year, according to a new investigation into the incident.
The Age 24/05/2013 |
The Australian dollar plunged to its lowest level in a year, shedding over US2¢ in a session, as traders reacted to contradictory comments from the head of the US Federal Reserve on Thursday.
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