9M 16 Results1
9M 16 ResultsOct 20th, 2016
www.atresmediacorporacion.com
9M 16 Highlights
According to our internal estimates, Total Ad market grew by 4% in 9M 16 (TV & Radio were up by +6% and +1% yoy respectively)
Atresmedia increased its audience up to 27.0% (+0.6pp) in Total Individuals and to 29.6% in the Commercial Target
Atresmedia Television kept market share at 42.6%
Atresmedia Radio reached 25% EBITDA margin ytd despite the decline in audiences
Atresmedia's Net revenue increased by €42 mill yoy, up to
€740.2mill, +6.1% yoy
OPEX stood at €588.7mill, +1.8% yoy
EBITDA of €151.4mill, +26.7% vs 9M 15 which implies an EBITDA margin of 20% at 9M 16
Net Profit reached €101.5mill, +46.4% vs 9M 15 and is already higher than the one for the full year 2015
1 9M 16 Financial SummaryAdvertising market in Spain
According to internal estimates, Total Ad market increased by roughly 4% in this first nine months of 2016
TV (+6%) outperformed the market once more while Radio was slightly below but positive (+1%)
Media
Internal
TV Radio+6.4%
+1.3%
Print-5.5%
Outdoor-1.1%
Internet Cinema+17.2%
+5.0%
Total+3.9%
Source: Internal estimates
Atresmedia Corporación de Medios de Comunicación SA published this content on 20 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 October 2016 06:43:02 UTC.
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