Prisa globally produced decent results over H1 15 while simultaneously reporting a further c.€700m reduction in its net debt (to €1.8bn). Over the period, organic revenue growth was +2.3% and organic EBITDA +1.3%, implying that comparable adjusted EBITDA margin was maintained at 15.2% (from 15.1% in H1 14). The group's main target currently remains on deleveraging.
06 Oct 2015
Focus remains on deleveraging…
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Focus remains on deleveraging…
Promotora de Informaciones SA Class A (PZ41:FRA) | 0 0 0.9% | Mkt Cap: 1,033m
- Published:
06 Oct 2015 -
Author:
Véronique Cabioc'h -
Pages:
3
Prisa globally produced decent results over H1 15 while simultaneously reporting a further c.€700m reduction in its net debt (to €1.8bn). Over the period, organic revenue growth was +2.3% and organic EBITDA +1.3%, implying that comparable adjusted EBITDA margin was maintained at 15.2% (from 15.1% in H1 14). The group's main target currently remains on deleveraging.