Atresmedia Crprcn de Mds de Cmncn : 2016 Full Year Financial Results
February 22, 2017 at 12:11 pm EST
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JANUARY-DECEMBER 2016 RESULTS
31 December 2016
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 10
Consolidated profit for the period 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 24
Net revenue 24
Operating expenses 25
Operating earnings and margins 26
ATRESMEDIA RADIO 27
Advertising market and audience figures 27
Income statement 28
OTHER BUSINESSES 30
Atresmedia Cine 30
Atresmedia Digital 30
Income statement 33
1. HIGHLIGHTS
1.1 Milestones and key figures
Atresmedia. Key figures
Operational highlights
Jan-Dec 2016
Jan-Dec 2015
Total TV audience 27.1% 26.8%
TV market share 42.1% 42.1% Radio listeners (thousands) (3rd EGM wave) 4,153 4,552 Total no. employees 1,919 1,800
Financial highlights Euros (in thousands)
Jan-Dec 2016
Jan-Dec 2015
Net revenue 1,021,114 970,206
EBITDA 201,990 165,698
Profit for the period 129,152 99,234
Net financial debt 178,571 158,464
Atresmedia's EBITDA for 2016 totalled 202.0 million euros, up
36.3 million euros on last year, with consolidated profits of
129.2 million euros, 29.9 million euros more than last year.
Atresmedia Televisión achieved an audience share of 27.1% in the period, leading prime time commercial target audience figures with a 31.1% share despite broadcasts of the UEFA Euro 2016 and the 2016 Olympic Games on other channels. Thanks to its channels' strong commercial profile, the Group had a market share of 42.1% in the period, according to Infoadex, similar to last year's.
Antena 3 obtained a 12.8% audience share in the period, heading commercial target audience figures with a 14.3% share, 0.3 percentage points ahead of its main rival.
laSexta reported average audiences of 7.1%, while its prime time commercial target audience of 9.0% was 1.2 percentage points greater than that of its main rival.
Atresmedia Corporación de Medios de Comunicación SA published this content on 22 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 February 2017 17:11:11 UTC.
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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. 
