Promotora De Informaciones, S.a. Class ABME: PRS

PRS: Deferred Brazil PNLD revenue led to lower FY 2025 results, but liquidity and digital growth remained strong

· Issued by Promotora De Informaciones, S.a. Class A

FY 2025 saw steady growth in Santillana's private business and PRISA Media, but overall revenues declined 2% due to deferred Brazil PNLD revenue. EBITDA fell 12%, net income was negative, and net debt rose, though liquidity remained strong at €218m.

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