July 25th, 2019
www.atresmediacorporacion.com
"We believe in the power of reflection and emotion"
1H 19 Highlights
-
According to external sources, Total Ad market decreased by 2% in
1H19 with TV down by near 6%, Radio up by 3% and Digital +10% - Atresmedia achieved 26.9% audience share in Total Individuals and 28.5% in Commercial Target. Both in line with 1H18
- Atresmedia TV increased market share by 10bps up to 41.7%
- Atresmedia Radio's NAR grew by +2.5% up to €43 mill
- Atresmedia's Net revenue amounted to €540 mill; -1.9% yoy
- OPEX stood at €436 mill; -2.9% yoy
- EBITDA of €104 mill (+2.5% yoy). EBITDA margin improved 80 bps up to 19.2%
- Net Profit reached €70 mill, in line with 1H18 (+0.5%)
- Total Net Debt stood at €218 mill (vs €231 mill at Dec 2018)
-
Atresmedia paid in June an extraordinary dividend in the amount of
0.25€/sh, complementing the ordinary dividend paid in Dec 18 (0.2€/sh)
1H 19 Results | 2 |
1
1H 19 Financial Summary
1H 19 Results | 3 |
Atresmedia
1H 19 Results in € mill: P&L
Net Revenues
OPEX
EBITDA
EBITDA Margin
EBIT
EBIT Margin
Net profit
Net profit Margin
1H 19 | 1H 18 | YoY | ||
- 540.0 550.6 -1.9%
<<<<<<<<<<<<<<<<<436.1 449.4 -2.9%
<<< | 103.8 | 101.3 | +2.5% |
19.2% | 18.4% | ||
94.0 | 91.7 | +2.5% | |
17.4% | 16.6% | ||
69.6 | 69.3 | +0.5% | |
12.9% | 12.6% |
Source: Atresmedia's financial statements
1H 19 Results | 4 |
Atresmedia: Net revenues by segment
- Total Net Revenues stood at €540.0 mill, -1.9% yoy
- Audiovisual revenues were €501.7 mill (-2.3% yoy)
- Radio revenues totaled €43.3 mill (+2.5% yoy)
Net Revenues
In € mill
-1.9% | |||
-2.3% | |||
551 | 540 | 514 | 502 |
+2.5% | ||||||
42 | 43 | |||||
1H 18 | 1H 19 | 1H 18 | 1H 19 | 1H 18 | 1H 19 | |
Total Group | Audiovisual | Radio |
Source: Atresmedia's financial statements
Eliminations are not included
1H 19 Results | 5 |
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