FY25 Results Press Release (MultiChoice Group Ltd)
9 Articles
9 Articles
FY25 results press release (MultiChoice Group Ltd)
) MultiChoice Group's focused interventions help to counter unprecedented headwinds Johannesburg, 11 June 2025: Amid an exceptionally challenging macroeconomic environment, MultiChoice Group continued to navigate external pressures through focused strategic interventions. The Group delivered ZAR3.7bn in cost savings, well ahead of the revised ZAR2.5bn target set at the interim stage and almost double the ZAR1.9bn saved in FY24. A disciplined app…
MultiChoice Group Saves ₦960 billion, as Strategic Interventions Help Counter Economic Challenges - Tech
Despite a tough macroeconomic environment, MultiChoice Group has successfully navigated challenges by implementing focused strategic interventions. The Group achieved ₦960 billion ($3.7 billion) in cost savings—far surpassing its interim target of ₦650 billion ($2.5 billion) and nearly doubling the ₦490 billion ($1.9 billion) saved in the previous fiscal year. A disciplined approach to pricing helped offset subscriber losses, with inflationary p…
MultiChoice reports "resilient performance" despite sub losses
MultiChoice Group has reported that it “demonstrated resilient operational performance” for the year ended March 2024, delivering a 26 per cent trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48 per cent, despite a challenging macro-economic conditions. Clear strategic milestones were reached, with the group successfully launching […]
MultiChoice Group’s Focused Interventions Help To Counter Unprecedented Headwinds - The Bulrushes
Johannesburg – Amid an exceptionally challenging macroeconomic environment, MultiChoice Group (www.MultiChoice.com) continued to navigate external pressures through focused strategic interventions. The Group delivered R3.7 billion in cost savings, well ahead of the revised ZAR2.5bn target set at the interim stage and almost double the R1.9 billion saved in FY24. A disciplined approach to inflationary pricing, with increases of 5.7% in South Afri…
MultiChoice Slumps As It Loses 1.2 Million Subscribers
South Africa’s pay-TV giant MultiChoice is struggling. Squeezed by inflation, subscriber losses, and streaming competition, the company swung to a full-year loss for the year ending March 31. By the numbers: Between the lines: The bright spot Showmax is growing fast. Despite heavy losses, active paying users jumped 44%, gaining ground against global players like […] The post MultiChoice Slumps As It Loses 1.2 Million Subscribers appeared first o…
MultiChoice lost 1.2 million subscribers over the past year – 600 000 in South Africa and 600 000 in the rest of Africa.
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