Atresmedia Corporación de Medios de Comunicación S A : 9M2019 Highlights
October 24, 2019 at 03:10 am EDT
Share
Financial Results 9M19
P&L (million €)
Balance Sheet (million €)
9M19
9M18
%var
9M19
FY18
Net Revenues
723.7
747.6
-3.2%
Goodwill
163.2
163.2
OPEX
597.3
623.6
-4.2%
Other intangible assets
149.7
147.3
EBITDA
126.4
124.0
1.9%
Property pland and equipment
102.0
81.2
Amortization
14.6
13.9
5.3%
Deferred tax assets
219.5
216.7
Impairment and disposals
0.0
0.0
n.a
Non current assets
634.5
608.5
EBIT
111.8
110.1
1.5%
Programming rights and inventories
317.0
352.4
Financial results
-6.9
-3.5
-96.9%
Trade and other receivables
190.3
275.1
Net Income from investing in other entities
-1.8
2.1
n.a
Other current assets
31.9
31.4
PBT
103.1
108.7
-5.2%
Current tax assets
10.9
5.6
Taxes
22.9
22.7
1.0%
Cash and cash equivalents
90.8
85.6
Minorities
0.0
0.0
n.a
Net Profit
80.3
86.1
-6.8%
Current assets
640.9
750.2
TOTAL ASSETS
1,275.3
1,358.6
P&L by division (million €)
Equity
444.1
420.5
9M19
9M18
%var
Debentures and notes
183.7
170.8
Net Revenues Audiovisual
671.6
696.0
-3.5%
Debt to financial institutions
103.4
137.9
Net Revenues Radio
59.1
58.7
0.6%
Other non-current liabilities
43.7
5.8
Eliminations
-7.0
-7.1
Deferred tax liabilities
30.1
30.3
Total Net Revenues
723.7
747.6
-3.2%
Non current liabilities
360.8
344.7
OPEX Audiovisual
554.9
582.1
-4.7%
Debentures and notes
2.0
3.9
OPEX Radio
49.3
48.6
1.6%
Debt to financial institutions
1.2
12.0
Eliminations
-7.0
-7.1
Trade and otther creditors
334.9
430.9
Total OPEX
597.3
623.6
-4.2%
Other current liabiliites
107.7
146.5
EBITDA Audiovisual
116.6
113.8
2.4%
Current tax liabilities
24.7
0.0
EBITDA Radio
9.8
10.2
-4.0%
Current liabilities
470.4
593.4
Total EBITDA
126.4
124.0
1.9%
TOTAL LIABILTIES
1,275.3
1,358.6
EBITDA Mg Audiovisual (%)
17.4%
16.4%
EBITDA Mg Radio (%)
16.5%
17.3%
Cash Flow (million €)
Total EBITDA Mg (%)
17.5%
16.6%
9M19
9M18
PBT
103.1
108.7
KPI's
Adjustments
23.3
18.1
9M19
9M18
var
Change in working capital
21.0
23.8
TV
Income tax (paid)/refunded
-7.4
-5.6
Market share (%) - Infoadex
41.2%
40.9%
0.3
Net Cash Flows from operating activities
140.0
145.1
Audience Share (%) - Kantar Media
26.5%
26.6%
0.0
Investments
-33.6
-53.8
- Antena 3
12.0%
12.2%
-0.2
Divestitures
7.9
22.1
- laSexta
6.9%
6.8%
0.2
Net Cash Flows from investing activities
-25.7
-31.7
- Neox
2.5%
2.4%
0.2
Lease payments
-0.9
0.0
- Nova
2.1%
2.4%
-0.3
Financial results collected (paid)
-5.9
-3.5
- Mega
1.6%
1.6%
0.0
Dividens paid
-56.3
-67.5
- Atreseries
1.4%
1.2%
0.2
Financing of associates and related parties
0.0
-1.8
Power Ratio (x)
1.55
1.54
Financial Debt
-46.3
40.2
Radio
Net Cash Flows from financing activities
-109.5
-32.6
No. Listeners (thousands) - EGM
3,470
3,875
Net increase / decrease in cash
4.8
80.8
Digital
Cash and cash equivalents, beginning of the period
85.6
25.0
Unique Users (mill) - Comscore (end of period:
september)
26.1
19.8
Changes in the scope of consolidation
0.3
0.0
Cash and cash equivalents, beginning of the period
85.9
25.0
Financial and market data
Cash and cash equivalents, end of the period
90.8
105.8
9M19
9M18
%var
Net Financial Debt (mill €)
179.4
199.0
-9.8%
No. Of outstanding shares
225,732,800
225,732,800
0.0%
Price / Share end of period (€)
3.53
5.35
-33.9%
Market Cap end of period (mill €)
798
1,208
-33.9%
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Disclaimer
Atresmedia Corporación de Medios de Comunicación SA published this content on 24 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2019 07:09:15 UTC
Atresmedia Corporacion de Medios de Comunicacion SA, formerly Antena 3 de Television SA, is a Spain-based company primarily engaged in the television (TV) broadcasting. The Companyâs activities are divided into three business segments: Television, which specializes in TV broadcasting through its network of channels, such as Antena 3, Neox, Nova, Atresseries and LaSexta; Radio, which focuses on radio broadcasting through a number of radio stations, including Onda Cero, Europa FM and Melodia FM, and Others, which offers advertising services, production of motion pictures and TV movies, as well as development of promotional events, among others. The Company transmits programs in Spain, Colombia, Mexico and the United States, among others.
ATRESMEDIA CORPORACIÓN DE MEDIOS DE COMUNICACIÓN, S.A. 
