Full Year 2023 ARN Media Ltd Earnings Call Transcript

Feb 21, 2024 / 10:00PM GMT
Operator

Good day, and thank you for standing by. Welcome to the ARN Media fiscal-year 2023 results conference call. (Operator Instructions) Again, please be advised that today's conference is being recorded.

I would now like to hand the conference over to your host today, Ciaran Davis, CEO and Managing Director. Please go ahead.

Ciaran Davis - ARN Media Ltd - Chief Executive Officer & Managing Director

Welcome to ARN Media's results. Good morning. Thank you for joining today's call. My name is Ciaran Davis. Joining me is our CFO, Andrew Nye. I have seen there's a lot of things on the call. So we'll get started with our agenda covering the financials and operating highlights for the year. Andrew will go through the financial performance, after which we will look at our investor proposition, and provide an update on the proposed transaction we put to FCA on the October 18, 2023, before closing with a trading outlook and Q&A.

Against the backdrop of advertising markets facing ongoing macro challenges, total ARN Media revenues fell 1% to $334

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