Grupo Media Capital : Media Capital announces results for the 2nd quarter 2015
November 21, 2017 at 12:25 pm EST
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> Media Capital announces results for the 2nd quarter 2015
21/11/2017
FIRST HALF 2015 RESULTS
Media Capital's net profit up 4% YoY, reaching € 7.4 million
Media Capital's EBITDA was down 11% to € 16.2 million, with a margin of 19.7%. This performance resulted chiefly from the decrease in operating revenues related with call TV.
Consolidated advertising revenues stayed flat YoY vs 2014. The Group estimates to have outperformed the market.
TVI kept the leadership in TV audiences, with an average share of 23.2% and 26.8% in all day and prime time respectively. The positive gap over the second most watched channel was 4.0pp in all day and 2.6pp in prime time. TVI leadership in audiences was also maintained when analysing groups of channels, with 26.1% in all day and 28.9% in prime time, 3.7pp and 2.2pp more than the second most watched group of channels. Such lead has expanded vs the comparable period of last year.
On financial grounds, the TV segment posted an EBITDA of € 13.4 million and a margin of
19.7%, with flat advertising revenues vs 1H14.
The Audiovisual Production segment improved its profitability, with an EBITDA of € 0.3 million (vs. € 0.2 million in 1H14).
The Radio's EBITDA was € 2.4 million, with a margin of 28.6%, improving 18% YoY. In the third audience measurement available for 2015, MCR's aggregate figures showed a share of 37.3% (4.1pp above the second most listened to radio group and 3.6pp above the comparable reading of last year). It is worth highlighting the performance of Rádio Comercial, with a share of 26.5%, 5.1pp above the second player and 3.5pp better than the figure it had in the third reading of 2014.
The first half of the year was also marked by the launching of TVI Player, a service that consists of an own platform optimised for the visualisation of programs and videos of the TVI universe in a digital environment. It is available free of charge on the web, iPad and iPhone, as well as on smartphones and tablets running on Android. The offer includes live contents of TVI channels, as well as non-linear access to programs, clips with 'best of' and exclusive contents.
Consolidated financing results improved considerably (37%), essentially due to the refinancing operating that took place in the second half of 2014, which allowed for a reduction of overall financing costs.
Queluz de Baixo, 21st July 2015
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 17:24:10 UTC.
Original documenthttp://www.mediacapital.pt/en/p/577/article/4987/media-capital-announces-results-for-the-2nd-quarter-2015/
Public permalinkhttp://www.publicnow.com/view/EEEFDC0C91203241BE80BD84911EF7D0C0DFE1F2
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. 
