Atresmedia Corporación de Medios de Comunicación S A : Presentación sobre los resultados 2020
February 25, 2021 at 03:04 am EST
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2020 Highlights
According to external sources, Total Ad market, impacted by Covid-19, decreased by -18%. Regarding Atresmedia's main ad markets: Radio was down by -23%, TV near -18% and Digital mid single digit.
Within Atresmedia's Audiovisual division:
Atresmedia TV roughly maintained market share (41%) and audience share (26.3% in Total Individuals) in yoy basis.
Atresmedia's SVOD platform surpassed 450k subscribers (3.6x vs Dec 19)
Atresmedia Cinema grabbed near 52% of the spanish films' box office
Atresmedia International stood at around 54 mill subscribers
In Radio, Atresmedia maintained 3.2 mill listeners/day
Atresmedia's Total net revenue amounted to €866.3 mill; -16.7% yoy
OPEX stood at €792.0 mill (€755.5 M in comparable terms)
EBITDA of €74.3 mill (€110.8 mill in proforma basis)
Net Profit was €23.9 mill
Total Net Debt stood at €116.8 mill, lowest since 2011
Operating Cash Flow reached €104.6 mill by the end of 2020
2020 Financial Summary
Atresmedia: Consolidated P&L
2020 Results in € mill: P&L
2020
2019
YoY
Net Revenues
<< 866.3
1,039.4
-16.7%
OPEX
792.0
855.5 -7.4%
OPEX proforma*
<<<<<<<<<<<<<<<<<
755.5
855.5 -11.7%
* Excluding the non-cash provision for voluntary severance scheme launched in Q420 in the amount of € 36.5 Mill ** Excluding the € 36.5 Mill non-cash provision from the voluntary severance scheme plus € 15.1 Mill non-cash impairment of Radio's goodwill Source: Atresmedia's financial statements
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Atresmedia Corporación de Medios de Comunicación SA published this content on 25 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2021 08:03:06 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 Company's 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.