Vocento, S.a. · BME:VOC
Vocento — Q1 2008 Earnings Presentation
11 slides from Vocento's earnings presentation, May 14, 2008
Slide 1: January - March 2008 Results
January - March 2008 Results 14 May 2008
Slide 2: Highlights
Highlights 1. f Revenues (-1.7%): decline in advertising revenues (-11.3%), positive performance of circulation sales (+1.2%) - good performance of ABC circulation and stability at Regional Press- and improvement in revenues (+14.2%) from Content and Classifieds 2. f Advertising revenues (-11.3%): d
Slide 3: Consolidated Profit and Loss Account 1Q08
Consolidated Profit and Loss Account 1Q08 f Revenues -1.7%: IFRS Circulation revenues (+1.2%) due to (€ m) 1Q08 1Q07 % Var good performance of ABC and Circulation revenues 67,5 66,8 1,2% Supplements and Magazines and stability at Regional Press Advertising revenues 91,3 103,0 (11,3%) Decline in
Slide 4: Consolidated Balance Sheet on 31 March 2008
Consolidated Balance Sheet on 31 March 2008 IFRS IFRS (€ m) 1Q08 2007 1Q08 2007 Non current assets 834.5 821.6 Equity of the parent co. 539.9 541.4 Intangible assets 349.7 349.2 Property, plant and equipment 233.8 237.7 Total liabilities 610.1 625.5 Investments accounted equity method 122.8 111.9 Gr
Slide 5: Print Media
Print Media Revenues Highlights (€ m) 161.7 (7.9)% 148.9 19.8 19.2 f Leadership in press, according to 1st EGM08 7.0 survey >5.2m readers, with 2.1m readers at 45.2 41.2 Qué! f Revenues: €148.9m Circulation revenues (+4.4%): significant 104.6 91.2 improvement from ABC (+16.6%) Advertising revenu
Slide 6: ABC: Growing trend in circulation
ABC: Growing trend in circulation Average number of copies of ABC 249,662 237,371 235,098 +4.4% +2.0% 221,220 1H07 2H07 4Q07 1Q08 (2.0%) (7.7%) Average circulation % Var. (same period previous year) Source: OJD. Certified data to June 2007 Significant improvement in average circulation 1Q08 to 249
Slide 7: Audiovisual
Audiovisual Revenues Highlights 32.7 + 3 2 .7 % f Revenues +32.7%, €32.7m: 24.6 Local TV €3.9m: maintaining revenues despite 23.8 the fall in advertising 15.5 – Onda 6 consolidating leadership in Madrid (39.0% share of local TV in prime time) 7.2 5.4 0.1 1.2 National DTT: strategic agreement wit
Slide 8: Internet
Internet Revenues Highlights + 1 0 .1 % 15.3 13.8 f Revenues +10.1%, €15.3m: growth in advertising 7.2 (+22.3%) due to B2C and other revenues from 7.3 Classifieds 4.1 3.6 0.8 0.9 Digital editions: positive performance in 2.6 3.5 advertising +26.2% (0.4) (0.6) Classifieds: growth in other revenue
Slide 9: Other Businesses
Other Businesses Revenues Highlights 54.8 (1.8)% 53.8 3.4 2.9 f Revenues €53.8m Distribution: decline of -2.9% because of its 44.9 43.6 links to the Print Media area 6.8 7.6 Printing: good performance from area thanks (0.4) (0.4) to higher installed capacity 1Q07 1Q08 Printing Distribution Other
Slide 10: Disclaimer
Disclaimer This document contains statements that constitute forward looking statements in its general meaning and within the meaning of the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this document and include statements regarding future growth
Slide 11: Thank You
VOCeENTO Thank You 10