Business
Grupo Clarín Announces First Quarter 2025 Results
BUENOS AIRES, ARGENTINA / ACCESS Newswire / May 9, 2025 / Grupo Clarín S.A. ("Grupo Clarín" or the "Company")(BCBA:GCLA), the largest media company in Argentina, announced today its First Quarter 2025 results. Figures in this report have been prepared ...
About this update from Grupo Clarin Sa Class B
[{"type":"text","content":"BUENOS AIRES, ARGENTINA / ACCESS Newswire / May 9, 2025 / Grupo Clarín S.A. ("Grupo Clarín" or the "Company")(BCBA:GCLA), the largest media company in Argentina, announced today its First Quarter 2025 results. Figures in this report have been prepared in accordance with International Financial Reporting Standards (*) ("IFRS") as of March 31, 2025 and are stated in Argentine Pesos ("Ps"), unless otherwise indicated.","length":458,"tagName":"p"},{"type":"text","content":"(*) The Company's Management has applied IAS 29 in the preparation of these financial statements (inflation adjustment) as per Resolution 777/18, issued by the Comisión Nacional de Valores ("CNV"), that establishes that the restatement must be applied to the financial statements.","length":294,"tagName":"p"},{"type":"text","content":"Highlights (1Q25 vs. 1Q24):","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"For the purposes of the analysis, it should be noted that the results presented in a comparative manner (1Q24) include the effect of year over year inflation as of March 31, 2025, which amounted to 55.9%.","length":204,"tagName":"p"}]},{"val":[{"type":"text","content":"Total Revenues reached Ps. 94,567.5 million, an increase of 21.5% in real terms compared to 1Q24, primarily due to higher Advertising revenues in real terms, especially in the Broadcasting and Programming segment, and higher Circulation revenues in the Digital and Printed Publications segment.","length":294,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA (1) reached Ps. 12,475.3 million, an increase of 1223.1% compared to 942.9 for 1Q24, mainly driven by higher revenues in all segments.","length":150,"tagName":"p"}]},{"val":[{"type":"text","content":"Grupo Clarín's Adjusted EBITDA Margin (2) was 13.2% in 1Q25, compared to 1.2% in 1Q24.","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Income for the period resulted in Ps. 4,866.4 million, a change of -145.5% compared to a loss of Ps. 10,702.2 million reported in 1Q24. Net Income for the period attributable to Equity Shareholders amounted to Ps 4,765.5 million in 1Q25 from a loss of Ps. 11,324.9 million in 1Q24, a change of -142.1%.","length":306,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1044,"ol...