Grupo Media Capital : Media Capital announces results for the 1st quarter 2017
November 21, 2017 at 12:40 pm EST
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21/11/2017
FIRST QUARTER 2017 RESULTS
Media Capital's net income increased by 3% to € 1.9 million
Media Capital's net income was up 3%, mostly due to the improvement in the financial results.
In the same period, advertising revenues also came down 10% YoY.
Consolidated EBITDA was down 12% YoY in the first quarter (Q1), reaching € 5.0 million, despite a relevant effort in cost cutting (-10%).
TVI kept the leadership in TV audience share, registering an average of 21.6% and 25.0% in all day and prime time, respectively. The positive gap over the second most watched channel was 4.5pp in all day and 3.3pp in prime time. TVI's leadership in audiences was also maintained when analysing groups of channels, with 24.5% in all day and 27.4% in prime time, i.e. respectively 3.9pp and 2.6pp above the second most watched group of channels.
On financial grounds, the TV segment posted and EBITDA of € 4.0 million, which compares with € 5.2 million in Q1 2016.
The Radio segment had an EBITDA of € 0.8 million, with a margin 20.2%, down 7% vs last year's figure. In the first audience measurement for 2017, Media Capital's radios had an aggregate audience share of 34.0% in the first audience data available for 2017, thus improving 0.7pp vs both the first and the last figures of 2016.
Media Capital SGPS SA published this content on 21 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 November 2017 17:39:01 UTC.
Original documenthttp://www.mediacapital.pt/en/p/577/article/4994/media-capital-announces-results-for-the-1st-quarter-2017/
Public permalinkhttp://www.publicnow.com/view/8FE5124D93240FD48B882FEC4D7D32D83A856C30
Grupo Média Capital, SGPS, S.A. is one the leading Portuguese media groups. Net sales (excluding businesses in the process of being sold) break down by activity as follows:
- operation of a TV channel (56.5%): operation of the general-interest TVI channel;
- production of televised programs (16.7%; NBP; No. 1 in Portugal): series, soap operas and movies;
- other (26.8%): operation of Internet portals, publishing of music CDs and DVDs, event organization, distribution of films in theaters, DVD distribution, sales of audiovisual rights, etc.
Net sales (excluding businesses in the process of being sold) break down by source of income between sales of advertising space (53.9%), and other (46.1%).
GRUPO MÉDIA CAPITAL, SGPS, S.A. 
