Atresmedia

Atresmedia

Atresmedia acquires 100% of Clear Channel Spain, specialising in outdoor advertising, for €115 million

Intermoney | Atresmedia (Buy, PO €6.3) announced yesterday to the National Securities Market Commission (CNMV), with the market open, that it has signed an agreement with Clear Channel Outdoor Holdings, Inc. to acquire its business in Spain by purchasing 100% of the share capital of Clear Channel Spain, a company dedicated to outdoor advertising. The purchase price envisaged in the transaction amounts to €115 million. The acquisition of Clear Channel…


tv set

Mediaset Q219: better results than expected, but almost 6% fall in advertising revenues

The Spanish media company published its results for the first half and second quarter of 2019. The principle figures compared with the Bloomberg consensus are: Income 256.4 M€ (-7.9%) vs 253€ estimated; EBITDA 92.7 M€ (+0.8%) vs 87.3 M€ estimated; EBITDA margin 36.1% (vs previous 33.0%); EBIT 87.7 M€ (-1.2%) vs 84.3 M€ estimated; EBIT margin 34.2% (vs previous 31.9%); NAP 74.3 M€ (+3.1%) vs 65.9 M€ estimated and EPS 0.24€ (+9.0%) vs 0.18€ estimated.