Brief: Grupo Media Capital Prelim H1 Operating Revenues Down 36% YoY

Grupo Media Capital SGPS SA

10/08/2020 06:22

Aug 10 (Reuters) - Grupo Media Capital SGPS SA  MCP.LS :
    * SAID LATE ON SUNDAY PRELIMINARY H1 NET LOSS 14.4 MILLION
EUROS
VERSUS PROFIT 5.9 MILLION EUROS YEAR AGO
    * H1 PRELIMINARY NEGATIVE EBITDA 11.2 MILLION EUROS VERSUS
POSITIVE 14.2 MILLION EUROS YEAR AGO
    * PRELIMINARY H1 OPERATING REVENUES 55.3 MILLION EUROS
VERSUS 86.4
MILLION EUROS YEAR AGO
    * H1 OPERATING REVENUES HIT BY COMBINED EFFECT OF PANDEMIC
AND
LOWER AUDIENCE OF TVI GENERALIST CHANNEL COMPARED TO A YEAR AGO
    * IMPACTS WERE MORE PRONOUNCED FROM MARCH TO MAY
    * EXPECTS AN IMPROVEMENT OF THE GROUP'S FINANCIALS DURING
THE
SECOND HALF OF THE YEAR

    
    
 Source text: https://bit.ly/3iqs2Bw
    
 Further company coverage:  MCP.LS  
   


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