Financial and Operating Headlines
Mediaset España reaches an adjusted EBITDA of €144.4 million for the first nine months of the year that is 49.1% better than 2014 (€96.8 million). EBIT is also higher by 56.1% compared to the same period last year, reaching €131.4 million.
Total Net Revenues for the first nine months of 2015 amount to €674.7 million, with Net Advertising revenues of €634.5 million and €40.2 million of "Other income”.
Infoadex reports that the television advertising market grew by 8.0% in the first nine months to September 2015 whilst total advertising market grew by 6.4%. It also estimates a market share of 43.4% for Mediaset España in the same period.
Operating margin for the first nine months of 2015 is 21.4%, an increase of 6.7pp compared to the same period last year (14.7%).
In the nine months to September 2015 Net Profit amounts to €113.8 million, four and a half times the number of 2014 (€25.2 million).
Mediaset España maintains a debt-free balance sheet and a positive net cash position of€205.7 million as of 30th September 2015 and generated a free cash flow in the period, of €161.7 million.
Mediaset España paid €47.5 million in dividends on May 4th 2015 and acquired, to September 30th, treasury stock for the amount of €170.3 million.
On October 20th the company completed its share buyback plan and acquired 15.2 million shares, 4.2% of the share capital.
The audience share for the first nine months of the year is 31.3% in 24 hours total individuals that is 0.7 points above the same period last year (30.6%).
In September Mediaset España reaches an Internet audience of 33.6 million unique users, 393.1 million page views and more than 99.6 million video downloads for that month.
In October Mediaset España has been awarded 1 HD channel in the recently held beauty contest.
source : Mediaset España Comunicación, 9M15 Results Presentation, Madrid (Spain), October 28th, 2015
