APN News & Media Limited has released its results for the 12 months ending 31 December 2016 with ARN performing well.
It recorded an increase in revenues by 2 per cent to $225.3m, albeit behind market growth, a 4 percent increase on EBITDA to $86.1m and consistent ratings improvement in the second half of 2016, with a strong final survey 8.
That survey included ARN holding the #1 FM commercial stations in Sydney, Brisbane and Adelaide and the #1 and #2 commercial FM breakfast shows in Sydney.