Atresmedia Crprcn de Mds de Cmncn : Presentación sobre los resultados del primer trimestre de 2019 (en inglés).

April 25th, 2019

www.atresmediacorporacion.com

Q1 19 Highlights

According to external sources, Total Ad market increased by near +1% with TV down by near -1% and Digital and Radio up by high single digit.

Atresmedia achieved 27.7% audience share in Total Individuals and 29.4% in Commercial Target, best since Q1 16.

Atresmedia TV maintained market share at 42.4%

Atresmedia Radio's NAR grew by +6.5% up to €20 mill

Atresmedia's Net revenue amounted to €257.5 mill; +2.1% yoy

OPEX stood at €212 mill; -3.0% yoy

EBITDA of €45 mill; +35.8% yoy (best since 2008)

Net Profit reached €28.7 mill (+36.6% vs Q1 18), also best since 2008.

Total Net Debt stood at €171 mill (€60 mill less vs Dec 18)

Atresmedia's AGM approved an extraordinary dividend in the amount of 0.25€ (~6% dividend yield) to be paid in June 19

Q1 19 Results	2

1

Q1 19 Financial Summary

Q1 19 Results	3

Atresmedia

Q1 19 Results in € mill: P&L

		Q1 19			Q1 18		YoY
Net Revenues
	<< 257.5			252.2		+2.1%
OPEX			212.4	219.0		-3.0%
	<<<<<<<<<<<<<<<<<
EBITDA	<<<		45.1	33.2		+35.8%
EBITDA Margin			17.5%	13.2%
EBIT			40.3	28.4		+41.8%
EBIT Margin			15.6%	11.3%
Net profit			28.7	21.0		+36.6%
Net profit Margin			11.1%	8.3%

Source: Atresmedia's financial statements

Q1 19 Results	4

Atresmedia: Net revenues by segment

Total Net Revenues stood at €257.5 mill, +2.1% yoy

Audiovisual revenues were €240.5 mill (+1.8% yoy)

Radio revenues totaled €20.0 mill (+6.5% yoy)

Net Revenues

+2.1%

In € mill

252 258

Q1 18

Q1 19

Total Group

Source: Atresmedia's financial statements Eliminations are not included

+1.8%

236 241

+6.5%

19 20

Q1 18

Q1 19

Q1 18

Q1 19

AudiovisualRadio

Q1 19 Results	5