NRJ: refocusing plait à la bourse

In an interview with Les Echos, the Chief Executive Marc Pallain have indicated that they want to concentrate on its media activities. A repositioning which seemed to please the market.

NRJ "2010" there seems convinced markets. The title of group broadcasting is indeed very sharp rise this morning to 14.78%, following the announcement by the Chief Executive Marc Pallain in an interview with news of the establishment this plan to focus on its Media activities.

To do this, the group could open the capital of its technical publisher, TowerCast. "We would even be willing to become a minority if that is a potential buyer wanted. This would finance investment to come to TowerCast which has a high growth potential, "said Marc Pallain on a daily basis.

NRJ "2010" will also spend a savings plan, which should be achieved, as compared to current figures, 20 million euros per year in 2010, and "the bulk of which will be reached in 2009".

The group could also reduce its exposure in three countries, namely Finland, Austria and Germany via the opening of the capital or disposals. For Marc Pallain, the hi could come from television and the Internet, both of which have performed well at the beginning of this year. In addition, the elimination of advertising on television should France in the longer term benefit NRJ 12, but also Nostalgie, whose audience is similar. "