Grupo Clarin Sa Class B · BCBA:GCLA
Grupo Clarin Sa Class B — Investor Presentation (March 2023)
20 slides from Grupo Clarin Sa Class B's investor presentation, March 2023
Slide 1: Investor Presentation March 2023
Investor Presentation Investor Relations: March 2023 http://www.grupoclarin.com/ir
Slide 2: Disclaimer
Disclaimer Forward Looking Statements Certain information included in this presentation may contain projections or other forward- looking statements regarding future events or the future financial performance of Grupo Clarín. You can identify forward-looking statements by terms such as “expect”, “be
Slide 3: Agenda
Agenda Company Overview Consolidated Business Overview Our Business Segments
Slide 4: Our History
Our History We anticipated market trends and adapted our business model, to become the largest media group in Argentina 1945 1970 1990 2000 2016 Technology Horizontal Foundation Vertical Integration Convergence & Pure Media Player Integration Regional Expansion Relevant Dates I n v e s t o r Pr e s
Slide 5: Ownership Structure
Ownership Structure Post Split-up Ownership structure(1) Total shares & Float breakdown Economic rights Total Shares 106,776,004 Total Controlling Controlling Shareholders 85,440,413 Float shareholders Float 21,335,591 20,0% 80.0% • International Float (34%) 26,4% • Local Float (66%) GC Dominio Tota
Slide 6: Legal Structure
Legal Structure 100% 100% 99% 100% 100% AGEA IESA ARTEAR Radio Mitre GC Gestión Compartida 50% 85% 50% Exponenciar Telecor C12 TRISA 100% 100% 100% OSA Telba C7 Carburando 50% 91,3% 25% Impripost 40% Canal Rural Pol-Ka 50% 33% AGL Patagonik Film 100% 95% Cúspide Digital & Printed Publications Si Mús
Slide 7: The media industry
The media industry Grupo Clarín is Argentina’s main content producer (TV, Radio, Internet & Print) Market Leader in: News: ✓ Multimedia strategy that includes digital and printed newspapers, TN, Clarin.com website, Mitre AM radio, and Channel13 news broadcast (Telenoche). ✓ Strong presence in the in
Slide 8: Agenda
Agenda Company Overview Consolidated Business Overview Our Business Segments
Slide 9: Our Business Segments
Our Business Segments We are the largest media company in Argentina FY22 breakdown by segment (nominal AR$mm) Revenues EBITDA Digital & Leading newspaper in LatAm in Printed terms of circulation and #1 in ad 24,760 1,635 22% Publications revs in Argentina 6.6% Broadcasting Leading broadcast TV stati
Slide 10: Financial Debt
Financial Debt Solid financial position with low leverage Key Financial Ratios Figures in MM December 2022 December 2021 YoY AR$ USD*** AR$ USD*** AR$ Total Gross Debt Outstanding* 3,461.5 19.5 3,182.0 15.9 8.8% Total Gross Debt Incl. Interests** 3,499.1 19.8 3,293.5 16.5 6.2% Total Net Debt (4,246.
Slide 11: Agenda
Agenda Company Overview Consolidated Business Overview Our Business Segments
Slide 12: Broadcasting & Programming
Broadcasting & Programming Canal 13 is a leading broadcast TV channel in Argentina Broadcasting & Programming US$ 218 MM LTM 2022 Revenues * Free TV Channels Content Production Pay-TV Channels & Sports Radio #1 Including “Canal Trece”, leading Including “Todo Noticias”, the cable TV signal with Lead
Slide 13: Broadcasting & Programming: Key figures
Broadcasting & Programming Key figures Total Time & Prime Time Share1 December 2022 Key Ratios2 2022 vs 2021 % Total Time Share % Prime Time Share % 2022 2021 Change 9,9% 1,4% Audience Share 3,3% 5,1% 1,3% 29,9% Prime Time1 (%) 32.0 29.5 8.6% 9,3% 8,0% 32,0% 10,2% Total Time1 (%) 29.9 29.9 0.0% Adve
Slide 14: Broadcasting & Programming: evolving content consumption
Broadcasting & Programming We evolved to fit new ways in which our content is consumed Programming for OTT Platforms Music streaming ✓ Cable TV Operators are developing OTT ✓ Cien Radios play: A Menu of digital radios services as VOD shifts the way content is consumed. ✓ Sales of programming content
Slide 15: Digital & Printed Publications
Digital & Printed Publications We are the leading Media & Publishing franchise in LatAm Digital & Printed Publications 549 thousand digital subs 167 thousand Average Daily copies US$ 189 MM 2022 Revenues * Magazines, Supplements National Newspaper Regional Newspapers Other P&P & Books Including Elle
Slide 16: Digital & Printed Publications: Key figures
Digital & Printed Publications Key figures Revenue breakdown* Key Ratios2 2022 vs 2021 % Revenues Others Printing 57.9% 35.0% 56.2% 6% 5% Advertising 25.1% 27% 360.7 427.6 212.4 172.7 FY21 FY22 FY21 FY22 63% Average Copies ´000 Paywall paying subs ‘000 Circulation US$ 189 MM and Share (%)1 2 Paywall
Slide 17: Digital transformation: Digital advertising
Digital & Printed Publications Digital transformation Digital advertising ✓ Powered by innovation and exclusive add formats (like interactive fake landing pages), digital advertising has become the main source of advertising revenues, representing 70% of the total. Digital/TotalAdvertising Digital/T
Slide 18: Digital transformation: Paywall
Digital & Printed Publications Digital transformation Paywall ✓ From the launch of Clarin.com Paywall in 2017 our paid digital subscribers have increased exponentially, confirming the value of our journalistic content. ✓ Since then, we launched Paywalls for other publications, such as the sports pub
Slide 19: Digital transformation: Data powered newsroom
Digital & Printed Publications Digital transformation Data powered newsroom ✓ Advanced analytics in real time. Decision boards. ✓ AI models to complement and facilitate journalistic work, subscribers capture and advertising sales. Games & Newsletters Mobile ✓ Focus on engagement and value propositio
Slide 20: Investor Presentation March 2023
Investor Presentation Investor Relations: March 2023 http://www.grupoclarin.com/ir