Brief: Cofina FY Net Profit Up 7.5% At 7.2 Mln Euros YoY

Grupo Media Capital SGPS SA

16/03/2020 06:45

March 16 (Reuters) - Cofina SGPS SA  CFN.LS :
    * SAID ON FRIDAY FY NET PROFIT 7.2 MILLION EUROS VERSUS 6.7
MILLION EUROS YEAR AGO
    * FY OPERATING REVENUE 88.0 MILLION EUROS VERSUS 89.3
MILLION
EUROS YEAR AGO
    * FY EBITDA 16.8 MILLION EUROS VERSUS 14.1 MILLION EUROS
YEAR AGO
    * FY ADVERTISING REVENUE 27.6 MILLION EUROS VERSUS 28.1
MILLION
EUROS YEAR AGO
    * NOMINAL NET DEBT AT END-DECEMBER 2019 WAS 44.9 MILLION
EUROS,
WHICH CORRESPONDS TO A 5.2 MILLION INCREASE VERSUS NOMINAL NET
DEBT AT END-DECEMBER 2018
    * NOMINAL NET DEBT INCREASE IS DUE TO A 10 MILLION EURO
COLLATERAL
RELATED TO THE PURCHASE AND SALE AGREEMENT CELEBRATED, AS OF
SEPTEMBER 20, 2019, WITH PROMOTORA DE INFORMACIONES (PRISA) FOR
THE 100% ACQUISITION OF SHARE CAPITAL AND VOTING RIGHTS OF
VERTIX (AND, INDIRECTLY, 94.69% OF THE SHARE CAPITAL AND VOTING
RIGHTS OF GRUPO MEDIA CAPITAL)

    
 Source text: https://bit.ly/33lPGIR
    
 Further company coverage:  CFN.LS  
   


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