SCA underlying profit expected to be 10% down

Ahead of next week’s radio ratings results, Southern Cross Austereo has issued the following profit guidance.

The trading update commented on the current downturn in tv and radio revenue.

SCA Chief Executive Officer Rhys Holleran said: “SCA is driving an exciting period of talent led regeneration with our Today brand, whilst our Triple M network continues to

outperform with growth over last year. Our focus remains on building our brands whilst controlling our costs.”

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