MediaSet Espana reported solid FY17 results which were broadly in line with the consensus in terms of top-line but below the market’s expectations when it came to net income. In a nutshell, total net revenues grew by 0.4% and came in at €996.26m, of which €928.7m from net advertising revenues, up 0.2%. Thanks to a strong discipline, costs were down 2.2% and helped to boost the adjusted EBITDA (+8.8%). The latter amounted to €262.25m, which represents a 26.3% margin versus
01 Mar 2018
Leadership confirmed and profitability improved
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Leadership confirmed and profitability improved
Mediaset Espana Comunicacion SA (0G9W:LON) | 0 0 0.0%
- Published:
01 Mar 2018 -
Author:
Véronique Cabioc'h -
Pages:
3
MediaSet Espana reported solid FY17 results which were broadly in line with the consensus in terms of top-line but below the market’s expectations when it came to net income. In a nutshell, total net revenues grew by 0.4% and came in at €996.26m, of which €928.7m from net advertising revenues, up 0.2%. Thanks to a strong discipline, costs were down 2.2% and helped to boost the adjusted EBITDA (+8.8%). The latter amounted to €262.25m, which represents a 26.3% margin versus