Promotora de Informaciones, S.A. Reports Earnings Results for the Half Year Ended June 30, 2023
July 25, 2023 at 02:05 pm EDT
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Promotora de Informaciones, S.A. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was EUR 431.88 million compared to EUR 381.69 million a year ago. Revenue was EUR 440.71 million compared to EUR 388.17 million a year ago.
Net loss was EUR 36.25 million compared to EUR 14 million a year ago. Basic loss per share was EUR 0.05 compared to EUR 0.02 a year ago. Diluted loss per share was EUR 0.05 compared to EUR 0.02 a year ago.
Promotora de Informaciones SA (PRISA) is a Spain-based company primarily engaged in the consumer publishing sector. The Companyâs activities are divided into four business segments: Education, which focuses on the sale of educational books, as well as services and materials related to the education systems under Santillana brand name; Radio, which operates radio network stations, such as Cadena Ser, Kebuena and ADN Radio, as well as organizes and manages entertainment events; Press, which includes the release and distribution of newspapers, magazines, supplements, collectible products and other periodical publications, such as El Pais, Cinco Dias and El Huffington Post, and Audiovisual, which provides cable and satellite television services intended for the production of audiovisual content, as well as production and marketing of digital content for news, entertainment and education. PRISA operates in Spain, Portugal, Chile, Colombia, Brazil and Mexico, among others.
PROMOTORA DE INFORMACIONES, S.A. 
