Atresmedia Crprcn de Mds de Cmncn : 1H2017 Results
August 14, 2017 at 06:32 am EDT
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JANUARY-JUNE 2017 RESULTS
30 June 2017
Atresmedia's consolidated financial statements were prepared in accordance with International Financial Reporting Standards (IFRS), taking into account all mandatory accounting principles and rules and measurement bases, as well as the alternative treatments permitted by the legislation in this regard. In addition, information is disclosed on the individual performance of the Group's two main lines of business: television and radio.
HIGHLIGHTS 3
Milestones and key figures 3
The economic climate and the market 4
ATRESMEDIA 6
Consolidated Income Statement 6
Net revenue 7
Operating expenses 7
Operating earnings and margins 8
Profit before tax 9
Consolidated profit for the period 9
Other highlights 10
Consolidated Balance Sheet 11
Consolidated Cash Flow Statement 13
Share price 14
Atresmedia's shares 14
Analysts' recommendations 15
Corporate Social Responsibility 15
ATRESMEDIA TELEVISION 17
Advertising market 17
Audience figures and content 18
Income statement 23
Net revenue 24
Operating expenses 24
Operating earnings and margins 25
ATRESMEDIA RADIO 26
Advertising market and audience figures 26
Income statement 27
OTHER BUSINESSES 29
Atresmedia Cine 29
Atresmedia Digital 29
Income statement 32
1. HIGHLIGHTS
1.1 Milestones and key figures
Atresmedia. Key figures
Operational highlights
Jan-Jun 2017
Jan-Jun 2016
Total TV audience 26.7% 27.4%
TV market share 42.9% 43.0%
Radio listeners (,000) (2nd EGM wave) 4,091 4,119
Total no. employees 1,970 1,901
Financial highlights Euros (in thousands)
Jan-Jun 2017
Jan-Jun 2016
Net revenue 550,780 544,059
EBITDA 116,503 119,432
Profit for the period 84,264 84,193
Net financial debt 161,153 167,690
Atresmedia's EBITDA for the first half of 2017 totalled 116.5 million euros, compared with 119.4 million euros in the same half last year, with consolidated profits of 84.3 million euros, in line with those for the first half of last year.
Atresmedia Television recorded an audience share of 26.7% in the period, heading the rankings with a prime time commercial target audience of 30.5%. Thanks to its channels' strong commercial profile, the Group had an estimated market share of 42.9% according to Arce Media.
Antena 3 obtained a 12.9% audience share in the period, heading commercial target audience figures with a 14.9% share, 2.7 points ahead of its main rival.
laSexta stayed ahead of its main competitor with an average audience figure of 6.4%, and 7.6% for commercial target audiences in the prime time slot.
Atresmedia Corporación de Medios de Comunicación SA published this content on 28 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 August 2017 10:31:08 UTC.
Original documenthttp://www.atresmediacorporacion.com/documents/2017/07/28/5130EB84-F41C-4AE1-A9EE-1A2E9BD968D1/atresmedia1h17_results.pdf
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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. 
