Published 09/17/2024 10:57:50 a.m.

UMG sees adjusted compound core profit growth of more than 10% through 2028

Summary by WTVB

(Reuters) – Music label Universal Music Group, home to Taylor Swift, expects a compound annual growth rate (CAGR) in its adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of more than 10% through 2028. (Reporting by Michal Aleksandrowicz in Gdansk)

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UMG sees adjusted compound core profit growth of more than 10% through 2028

09/17/2024 10:57:50 a.m.

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Business Times

Universal Music aims to boost growth by harnessing superfans

UNIVERSAL Music Group, the record label that represents Taylor Swift, is targeting more than 7 per cent sales growth for five years with the support of subscription and by accelerating superfan monetisation.

09/17/2024 9:48:28 a.m.

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