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berenberg

NENT rated ‘Buy’ by bank

Equity analysts at Berenberg Bank have updated their advice to clients on Nordic Entertainment Group (NENT). They first looked at the company in November 2020 when its shares were at SEK 375.6 (€35.12). They rose to SEK 530 in August last year. They are now at just SEK 316.5, and the bank is rating the […]

March 1, 2022

Roku hits 60m subs

Roku has reported that it reached 60.1 million active users in the period to December 31st 2021. Streaming usage grew between Q3 and Q4 from 18 billion hours to 19.5 billion hours. However, revenues were below expectations. Roku blamed the disappointing revenue numbers on shortages in kit. The company said supply chain issues were continuing […]

February 18, 2022By Chris Forrester

Bank: “Barco a top pick for 2022”

Investment analysts at Berenberg Bank have placed Barco, the imaging technology business best known for its cinema projectors and ClickShare meeting room technology, as one of its 2022 Top Pick businesses. Barco is trading at half the price it did pre-pandemic, despite a long-term outlook that is more attractive than at that point, suggests the […]

January 7, 2022

Bank: “SES C-band cashflows imminent”

A report from investment bank Berenberg says SES is “on track” to receive post-tax C-band proceeds of over 80 per cent of its market capitalisation in just over the next two years. The bank says: “This creates significant optionality for shareholder returns, balance sheet repair and disciplined investment. As phase one C-band proceeds are received […]

January 6, 2022By Chris Forrester

Bank: “Eutelsat in the balance”

Paris-based Eutelsat is in a period of significant change. Rodolphe Belmer has left and the satellite operator has appointed Eva Berneke to run the business. There’s also the small matter of a recent bid from Patrick Drahi to take a controlling stake in the business. All this has helped propel investment bank Berenberg to take […]

January 5, 2022

Bank: Video game viewing share still growing

Analysis from investment bank Berenberg says that video games’ share of consumer entertainment time and budget continues to grow. Duel console ownership, frequency of digital content purchases and time spent playing games are all up compared to 2020 and meaningfully above 2019. The analysis suggests that Netflix’s ambitions in the sector will, in the short […]

December 6, 2021By Chris Forrester

Analyst: Is Britbox in trouble?

Earlier this month ITV unveiled its Q3 numbers with analysts praising the broadcaster for a much stronger than expected advertising take up and anticipating an advertising increase of around 24 per cent by the end of the trading year. But Britbox, the ITV and BBC-backed OTT service, could be in trouble. Analysts from investment bank […]

November 23, 2021

Bank: Pro7 dating needs to show some love

ProSiebenSat.1 Media revealed a set of solid results for its Q3 trading earlier this month, but, in the words of analysts at investment bank Berenberg, the broadcaster’s numbers were overshadowed by concerns about the lack of growth in the company’s dating business. “This dating assets (Parship, Meet), which is set to be listed in 2022, […]

November 15, 2021

Bank: “NENT growth very encouraging”

Nordic Entertainment Group’s (NENT) Q3 numbers made headlines in themselves. Now NENT’s performance has received a more detailed overview from equity analysts at investment bank Berenberg. NENT’s revenues of SEK3,054 million (€305.7m) were in line with consensus estimates, whereas EBIT of SEK114 million was ahead of expectations. Viaplay revenues were slightly short of expectations despite […]

October 29, 2021By Chris Forrester

Bank: “NENT a success in Poland”

Investment bank Berenberg, reporting on Nordic Entertainment Group (NENT), said that while it is still too soon for NENT’s management to communicate subscriber numbers for Poland, given that the launch was a little over a month ago, the tone from management suggested that all is going according to plan. The news emerged following NENT’s Capital […]

September 28, 2021By Chris Forrester