- The 1st quarter adjusted Ebidta of UMG beat estimates with EU591 million, compared to the estimated EU552.6 million.
- The reported Ebitda, however, fell slightly short of estimates at EU490 million, in comparison to an estimated EU508.8 million.
- The adjusted Ebitda margin was reported at 22.8%, which was higher than the estimated 21.9%.
- UMG reported revenues of EU2.59 billion, slightly above the estimated EU2.58 billion.
- The recorded music revenue was slightly less than estimates at EU1.99 billion, compared to an estimated EU2 billion.
- The music publishing revenue surpassed estimates with a reported EU496 million, relative to an estimated EU460.9 million.
- Merchandising and Other revenue was reported at EU114 million, falling slightly short of the estimated EU116.2 million.
- Revenue in constant currency increased by 7.9%, exceeding the estimate of 6.73%.
- Recorded music revenue in constant currency increased by 5.6%, slightly less than the estimated 6.04%.
- Music publishing revenue in constant currency saw a significant increase of 18.4%, dwarfing the estimate of 9.7%.
- Merchandising and Other revenue in constant currency increased by 6.5%, less than the estimated 10.5%.
- UMG Chairman and CEO Sir Lucian Grainge attributed UMG’s continuing success to a broad-based and strategically integrated portfolio of businesses and a team experienced in putting artists at the centre of everything they do.
- UMG shares have 17 buys, 4 holds, and 2 sells in the market.
A look at Universal Music Group NV Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Universal Music Group NV, an entertainment company known for producing and distributing music content globally, has received favorable Smartkarma Smart Scores indicating a promising long-term outlook. With high scores in Growth and Momentum, Universal Music Group is positioned well for future expansion and market performance. The company’s strong momentum score reflects its positive trend in the market, while the high growth score highlights its potential for continued development and success.
Additionally, Universal Music Group NV‘s scores in Value, Dividend, and Resilience suggest a solid overall foundation, further reinforcing its potential for sustained growth and stability. As a key player in the entertainment industry, Universal Music Group remains well-positioned to capitalize on evolving market trends and customer demand worldwide. With a balanced scoring across various factors, Universal Music Group NV appears to be on a positive trajectory for long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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