Revenue ‘patchy’

CRA have released revenue figures for April 2012 showing 'patchy' performance.

The April revenue figures show a fall of 2.6% yoy, with the individual market (yoy) performances largely down, with Sydney the worst hit.

• Sydney down 6.6% to $16.0m

• Melbourne down 0.9% to $16.0m

• Brisbane down 0.1% to $8.4m

• Adelaide grew 2.13% to $5.3m

• Perth down 3.1% to $6.8m

The FYTD figures show a decrease of 0.6% for the five markets combined to a total of $559.7m.

Commercial Radio Australia CEO Joan Warner (pictured) said; “Adelaide continues to perform well in a tough environment, but the bigger markets are patchy, with Sydney the hardest hit“

The Deloitte figures report actual revenue from all metropolitan commercial stations and include agency and direct revenue.