Half Year 2019 HT&E Ltd Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the HT&E interim results conference call. (Operator Instructions)
Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Mr. Ciaran Davis. Thank you. Please go ahead.
Good morning, everyone. Thank you for joining this morning's call. I'm joined this morning by Jeff Howard, his last investors call at HT&E, and our new CFO, Andrew Nye. As many of you probably know, the backdrop for today's results has been a challenging ad market environment across the media industry that radio is not immune from. The first quarter saw sector revenue down 3.1% than the prior year. Q2 saw some improvement in April, but post the federal elections, there was a gradual decline into June, but with ARN holding share in Q2. Before I hand to Jeff to present the financials, I just want to highlight some of the key actions and priorities over the past 6 months as we
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