Alter Ego Media outlines growth strategy, dividend and analyst target price upgrade
At its annual general meeting, Alter Ego Media CEO Giannis Vrentzos said the company has completed a major round of strategic investments and is entering a new growth phase. He highlighted recent acquisitions such as Newsit and TLife, investments in AI and technology, entry into live‑entertainment, and the pending launch of a streaming platform with ANT1 and Motor Oil. Shareholders approved a dividend of €0.03 per share and a capital return of €0.09 per share, bringing total cash return to €0.12 per share, while a share‑buyback program continues.
Analyst Euroxx Securities raised its target price for Alter Ego Media to €7.50, maintaining an “overweight” recommendation. The firm projects revenue of €168.8 million and EBITDA of €67.1 million by 2026, citing synergies from live‑entertainment acquisitions and the potential value of the new streaming platform. Euroxx expects the company’s earnings to grow over 20% annually and sees the platform as a possible catalyst for further shareholder value.