Cofina. Institutional presentation
|
|
- Virginia Price
- 6 years ago
- Views:
Transcription
1 Cofina Institutional presentation
2 Cofina: corporate overview Public company, listed in Euronext Lisboa Market leader in newsprint in Portugal 5 daily newspapers & 9 magazines Strong financial performance Turnover over 140 M in 2010 EBITDA CAGR of 15% ( ) 24% advertising mkt share in newsprint (Portugal) 29% circulation mkt share (Portugal) Over 4.9 million readers (Portugal) Market leader on the online segment in Portugal Over 150 million pageviews & over 26 million visits Annual turnover around 5 M International businesses: free daily newspapers in LatAm Destak in São Paulo, Rio de Janeiro & Brasília Other locations under evaluation 1
3 Major milestones Incorporated in 1995 Core business in media since 2005 Media milestones 1995: incorporated with a share capital of 5 M 1999: Acquisition of Investec (media holding) 2000: Acquisition of daily newspaper Correio da Manhã 2002: Acquisition of weekly TV magazine TV Guia 2004: Launching of weekly newsmagazine Sábado 2006: Acquisition of free daily newspaper Destak 2007: Launching of Destak in LatAm (São Paulo, Brazil) 2009: Acquisition of the Portuguese edition of the free daily newspaper Metro 2
4 Cofina: newspapers Correio da Manhã Generalist newspaper mkt leader Over 122K newspapers sold/day Over 1 million readers/day Record Leading sports newspaper Over 70 K newspapers sold/day Over 840 K readers/day Jornal de Negócios #2 business newspaper Around 10 K newspapers sold/day Over 150 K readers/day Destak, Metro & Destak Brasil Free daily newspapers Destak: 454 K readers/day Metro: 473 K readers/day Destak Brasil: 700 K readers/day 3
5 Cofina: magazines Weekly magazines Monthly magazines 4
6 Main financial indicators Turnover (M ) CAGR 4% EBITDA margin 15% 14% 14% 12% 16% 17% % 10% CAGR 15% EBITDA (M )
7 Newspapers: evolution Market share around 40% Main indicators Chg % 10/09 Total turnover % Circulation % Advertising % Add on % Operating costs % EBITDA % EBITDA margin 17.2% 18.6% 19.4% 17.6% 20.8% 22.3% +1.4 pp Strong focus on operating efficiency and cost control Correio da Manhã & Record both are market leaders on their segments 6
8 Daily paid circulation Main asset: Correio da Manhã Paid circulation: evolution per year Correio da Manhã vs peers (generalist daily newspapers) source: APCT Correio da Manhã Jornal de Notícias Diário de Notícias Público 24 Horas (closed in 2010) 2000 Correio da Manhã acquired by Cofina Leadership since
9 Main asset: Correio da Manhã Acquired by Cofina in 2000 Daily paid circulation increased front 89 K newspapers/day to current 122 K newspapers/day CAGR of 3,3% vs market CARG of -1,5% The sole Portuguese newspaper with a sustainable growth trend National newspaper with strongest presence on the Southern part of Portugal Popular newspaper (not populist) with high quality editorial 8
10 Other newspapers Record Mkt leader Mature market highly dependent on global sports events Fast growth online Destak & Metro Free daily newspapers Cofina with a 59% stake Destak present in São Paulo, Rio de Janeiro & Brasilia (LatAm platform) Jornal de Negócios Reference newspaper on the business segment Strong online presence 9
11 Magazines: evolution Stale portfolio Economical pro-cyclical market niche Main indicators Chg % 10/09 Total turnover % Circulation % Advertising % Add on % Operating costs % EBITDA % EBITDA margin 1.3% 1.7% 5.5% 5.3% 2.5% 1.4% -1.1 pp Sábado weekly newsmagazine is the major asset 10
12 Growth strategy Organic Non organic Increase profitability Strong editorial quality Increase circulation and gain market share Active portfolio management Strong focus on cost control newspapers: reinforce leadership Increase circulation Increase profitability Magazines: monetize past investments Increase turnover(circulation & advertising) Reduce cost base 11
13 Growth strategy Organic Non organic Domestic market Evaluate other media options International market Export successful business models LatAm through free daily newspapers ( Destak ) Evaluate other media options in growing markets 12
14 Final remarks Cofina: a growth option Balanced portfolio Newspapers market leaders: Correio da Manhã & Record Growing titles: Sábado, TV Guia, Flash Largest Portuguese media group on the internet segment Management with strong track record Focus on return on investments Successful turnarounds Successful integration of acquired titles Well equipped to outperform Low and flexible cost base Leadership in main media segments in Portugal Successful international operations in LatAm 13
15 14
COFINA, S.G.P.S., S.A. Open Capital Company
COFINA, S.G.P.S., S.A. Open Capital Company Head Office: Rua do General Norton de Matos, 68, r/c Porto Fiscal Number 502 293 225 Share Capital: 25.641.459 Euro BUSINESS EVOLUTION FOR THE YEAR 2006 After
More informationCOFINA, SGPS, S.A. Public Company
COFINA, SGPS, S.A. Public Company Head Office: Rua do General Norton de Matos, 68, r/c Porto Fiscal number 502 293 225 Share Capital: 25,641,459 Euro 1 st quarter 16 FINANCIAL INFORMATION (Unaudited) This
More informationCOFINA, SGPS, S.A. Public Company
COFINA, SGPS, S.A. Public Company Head Office: Rua do General Norton de Matos, 68, r/c Porto Fiscal number 502 293 225 Share Capital: 25,641,459 Euro 1 st quarter 17 FINANCIAL INFORMATION (Unaudited) This
More informationCOFINA, SGPS, S.A. Public Company
COFINA, SGPS, S.A. Public Company Head Office: Rua do General Norton de Matos, 68, r/c Porto Fiscal Number 502 293 225 Share Capital: 25,641,459 Euros ANNUAL FINANCIAL INFORMATION FY15 (Unaudited) The
More informationCOFINA, SGPS, S.A. Public Company
COFINA, SGPS, S.A. Public Company Head Office: Rua do General Norton de Matos, 68, r/c Porto Fiscal number 502 293 225 Share Capital: 25,641,459 Euro 1 st quarter 16 FINANCIAL INFORMATION (Unaudited) This
More informationGrupo PRISA Q1 RESULTS: JANUARY-MARCH 2002
ANEXO I Q1 Results Grupo PRISA Q1 RESULTS: JANUARY-MARCH 2002 PRISA POSTED REVENUES OF 279.5 MILLION, AN OPERATING PROFIT () OF 22.7 MILLION, AND A NET INCOME OF 32.8 MILLION The first three months of
More informationResultados enero-marzo Quarterly results January- March th April //Información para accionistas e inversores
Resultados enero-marzo 2007 Quarterly results January- March 2007 19th April 2007 1 www.prisa.es //Información para accionistas e inversores NOTE 1: GROUP STRUCTURE Grupo Prisa s activities are organized
More informationResults of the 1st Quarter 2018
IMPRESA Results of the 1st Quarter 2018 IMPRESA SGPS, S.A. Publicly Held Company Share Capital Eur 84,000,000 Rua Ribeiro Sanches, 65 1200 787 Lisbon NIPC 502 437 464 Commercial Registry Office of Lisbon
More informationJanuary-March 2010 Results. Grupo Prisa. Quarterly Results January- March th May, // Investor Relations
Grupo Prisa Quarterly Results January- March 2010 13th May, 2010 1 JANUARY- MARCH 2010 PRISA OBTAINED AN EBITDA OF 144.47 MILLION IN THE FIRST QUARTER OF 2010 (+3.9%). THE OPERATING PROFIT (EBIT) INCREASED
More informationJanuary- December 2009 Results. Grupo Prisa. Annual Results January- December February 19th // Investor Relations
Grupo Prisa Annual Results January- December 2009 February 19th 2010 1 JANUARY- DECEMBER 2009 PRISA OBTAINED AN EBITDA OF 623.75 MILLION IN 2009. The operating profit (EBIT) reached 368.98 million. Net
More informationGrupo PRISA 2002 RESULTS GRUPO PRISA POSTED A NET INCOME OF 82 MILLION. Some of the most relevant aspects during the year were the following:
ANEXO I 2002 Annual Results Grupo PRISA 2002 RESULTS GRUPO PRISA POSTED A NET INCOME OF 82 MILLION Revenues increased by 1.6, up to 1,216 million, DA came in at 203 million, a 8 increase over the previous
More informationGrupo PRISA. January-June 2006 Results
Grupo PRISA JanuaryJune 2006 Results July 24, 2006 JanuaryJune 2006 Results NOTA 1 Prisa globally consolidates Sogecable since April 1, 2006. The consolidation of Sogecable changes significantly the Group
More informationGrupo PRISA JANUARY-MARCH 2001 RESULTS
Grupo PRISA JANUARY-MARCH RESULTS PRISA INCREASES REVENUES BY 15,5%, REACHING A NET PROFIT OF PTS. 5,3 MILLION ( 31,85 MILLION), AN INCREASE OF 1.7% OVER THE SAME PERIOD IN. Prisa increases revenues by
More informationGrupo PRISA. Quarterly results January-September 2006
Grupo PRISA Quarterly results January-September 2006 October 20th 2006 NOTE 1 Prisa globally consolidates Sogecable since April 1, 2006. The consolidation of Sogecable changes significantly the Group s
More informationCOFINA, SGPS, S.A. Public company
COFINA, SGPS, S.A. Public company Head Office: Rua do General Norton de Matos, 68, r/c Porto Fiscal Number: 502 293 225 Share Capital: 25,641,459 Euro 3 rd quarter 16 FINANCIAL INFORMATION (unaudited)
More informationJanuary-June Grupo PRISA. 1H 2004 results
Grupo PRISA 1H 2004 results July 22 nd, 2004 EBIT OF PRISA AMOUNTED TO 101 MILLION IN THE FIRST SIX MONTHS OF THE YEAR. The recovery of the advertising market, the performance of the promotions, the growth
More information2009 Nine Months Results. New York 23/24 November 2009
2009 Nine Months Results New York 23/24 November 2009 Agenda Who we are Market trends Efficiency Enhancement Program 2009: Nine Months Results and EEP Update Details by Business Unit 2 RCS MediaGroup Positioning
More informationMORGAN STANLEY TMT CONFERENCE
MORGAN STANLEY TMT CONFERENCE Barcelona, Friday 16th November 2007 Ignacio Santillana, COO 1 : INDEX Grupo Prisa: - New issues. - Main highlights. Group Strategy. Business evolution update. 2 : GRUPO PRISA
More informationRCS MediaGroup. Q Results. Mediobanca Italian CEO Conference Milan, June 25, 2015
RCS MediaGroup Results Mediobanca Italian CEO Conference Milan, June 25, 2015 Agenda Highlights Market & Business Trends Results Business Units Back up 2 Delivery Report Profitability Continued improvement
More information2Q17 Results Presentation
2Q17 Results Presentation August 9, 2017 p. 1 2Q17 Highlights Growth of 97.4% in Net Income, reaching R$11.1 million in the quarter, Growth of 42.3% in the number of RAC daily rentals, to a record 2.7
More informationRCS MediaGroup FY Results. Milano, 19 Marzo, 2015
RCS MediaGroup FY Results Milano, 19 Marzo, 2015 Agenda Highlights Market & Business Trends FY Results Outlook and Strategic Opportunities Business Units Back up 2 Delivery Report Profitability Ebitda
More informationIndustry Overview September 1, 2005
In-Depth Page 1 Equity Research Europe Industry Media & Internet Javier Marin, CFA +44 (0)20 7425 3503 Javier.Marin@morganstanley.com Edward Steel +44 (0)20 7425 4486 Edward.Steel@morganstanley.com Patrick
More informationIMPRESA. 3rd Quarter 2017 Results
IMPRESA 3rd Quarter 2017 Results IMPRESA SGPS, S.A. Publicly Held Company Share Capital Eur 84,000,000 Rua Ribeiro Sanches, 65 1200 787 Lisbon NIPC 502 437 464 Commercial Registry Office of Lisbon Press
More informationReview of FY 2012 Results 5 April 2013
Review of FY 2012 Results 5 April 2013 From a leading newspaper to a 7/24 Hürriyet World 2 FY12 Major Developments 3 2012 : A Year of Transformation Leadership is hard to achieve, sustaining leadership
More information1H 2012 Results. July 23 rd, 2012
1H 2012 Results July 23 rd, 2012 Disclaimer In addition to figures prepared in accordance with IFRS, PRISA presents non-gaap financial performance measures, e.g., EBITDA, EBITDA margin, adjusted EBITDA,
More informationResultados enero-marzo Quarterly Results January- September October 22nd //Información para accionistas e inversores
Resultados enero-marzo 2007 Quarterly Results January- September 2007 October 22nd 2007 1 www.prisa.es //Información para accionistas e inversores JANUARY- SEPTEMBER 2007 January- September 2007 Results
More informationAn Inflexion Point in the Company 1H 2015 RESULTS PRESENTATION. Madrid, 22 nd July 2015
An Inflexion Point in the Company 1H 2015 RESULTS PRESENTATION Madrid, 22 nd July 2015 Disclaimer In addition to figures prepared in accordance with IFRS, PRISA presents non-gaap financial performance
More informationHalf year results to June 2003
Half year results to June 2003 Agenda Introductions / Overview 2003 Interim Results Operating Review Outlook 2 Key Financial Highlights Turnover Up 28% Like for like advertising revenues Includes RIM for
More informationRCS MediaGroup. First Half 2015 Results. Milan, August 25, 2015
RCS MediaGroup First Half 2015 Results Milan, August 25, 2015 Agenda Highlights Market & Business Trends First Half 2015 Results Business Units Backup 2 1H 2015 Delivery Report Profitability Continued
More informationValid reports Net Revenue of R$412.1 million in 3Q17, down 3.2% from 3Q16 and up 5.2% from 2Q17.
Valid reports Net Revenue of R$412.1 million in, down 3.2% from and up 5.2% from 2Q17. Rio de Janeiro, November 8 th 2017 Valid (B 3 : VLID3 - ON) announces today its results for the third quarter of 2017
More informationAn Analysis of Liberty Acquisition/Grupo Prisa. Value Investing Congress October 13, 2010
An Analysis of Liberty Acquisition/Grupo Prisa Value Investing Congress October 13, 2010 T2 Partners Management L.P. Manages Hedge Funds and Mutual Funds and is a Registered Investment Advisor The General
More informationCALTAGIRONE SpA. February 2005
CALTAGIRONE SpA February 2005 THE CALTAGIRONE GROUP The Caltagirone Group is a family-controlled industrial concern with aggregated sales over 1.1 bn (2004) Group structure is based on three main activities:
More informationQuarterly Results 3Q 2015 October 2015
Quarterly Results 3Q 2015 October 2015 GROUP RESULTS: JANUARY-SEPTEMBER 2015 Adjusted EBITDA increases by 22% until September, reaching 235 million Euros Strong operating growth driven by: The spanish
More informationIMPRESA. 2nd Quarter 2013 Results
IMPRESA 2nd Quarter 2013 Results IMPRESA SGPS, S.A. Publicly Held Company Share Capital Eur 84,000,000 Rua Ribeiro Sanches, 65 1200-787 LISBON Tax Number 502 437 464 Commercial Registry Office of Lisbon
More informationFedele Confalonieri Chairman
1 Fedele Confalonieri Chairman 2 MEDIASET GROUP P&L Consolidated Results (Euro ml.) 2008 2009 Net Consolidated Revenues 4,199.5 3,882.9 Operating Profit 983.6 601.5 Net Profit 459.0 272.4 Dividend per
More informationStabilise, Revitalise, Grow strategy more relevant than ever
Overview Stabilise, Revitalise, Grow strategy more relevant than ever Revenues down 2.2%, profit before tax down 12.8% in first half 06 Creditable result in tough period Helped by cost reduction and growth
More informationGrupo PRISA JANUARY-MARCH 2003 RESULTS PRISA REVENUES AMOUNTED TO 304 MILLION, INCREASING BY 8.7% IN THE FIRST QUARTER OF THE YEAR
Grupo PRISA JANUARY-MARCH 2003 RESULTS PRISA REVENUES AMOUNTED TO 304 MILLION, INCREASING BY 8.7 IN THE FIRST QUARTER OF THE YEAR DA came in at 40 milllion, a 0.4 increase over the same period of the previous
More information9M 2018 RESULTS PRESENTATION. October 30 th, 2018
9M 2018 RESULTS PRESENTATION October 30 th, 2018 0 Disclaimer The information contained in this presentation has not been independently verified and is, in any case, subject to negotiation, changes and
More informationFull Year Results 2016
Full Year Results 2016 Grupo Média Capital, SGPS, S.A. NOTE: Free translation for information purposes only. In the event of discrepancies, the Portuguese language version prevails. TVI 12 th consecutive
More information1H 2017 Results. July Marzo 2014
1H 2017 Results July 2017 Marzo 2014 1 Group structure as of 30 June 2017 45.3% 56.8% 59.5% Non-core investments Revenues 2016 586 M 1.574 M 461 M -- Total 2.621 M Businesses Italian media group, with
More informationGMV. Focused on Most Attractive Verticals. Building a Leading Online Consumer Platform. Customers since inception, as of March 31, 2017
OPENING REMARKS IPO on April 12, 2017 GMV The Leading Sports and Lifestyle Online Retailer in LatAm Our ability to monetize our traffic has been critical for our growth Operating in a large, addressable
More informationHürriyet Investor Presentation. July 2007
Hürriyet Investor Presentation July 2007 1 Notice This presentation does not constitute an offer or invitation to purchase or subscription for any securities and no part of it shall form the basis of or
More informationRCS MediaGroup First Half Results. J.P. Morgan Italian Conference Milano, September 29, 2014
RCS MediaGroup 2014 First Half Results J.P. Morgan Italian Conference Milano, September 29, 2014 Agenda Highlights Market & Business Trends 2014 First Half Results Business Units Focus 2 1H 2014 Delivery
More informationThe Nikkei Online Edition, Nikkei.com
The Nikkei Online Edition, Nikkei.com www.nikkei.com May 27, 2010 Nikkei Inc. NIKKEI OVERVIEW NIKKEI Leader in Quality Media Founded in 1876 3,411 employees, as of December, 2009. 2 Head Offices, 5 Branches,
More informationKepler Capital Markets Media Advertising Conference Paris, December 16, Daniel Fard-Yazdani, Deputy Head of IR Marco Horn, IR
Kepler Capital Markets Media Advertising Conference Paris, December 16, 2011 Daniel Fard-Yazdani, Deputy Head of IR Marco Horn, IR Disclaimer This document, which has been issued by Axel Springer Aktiengesellschaft
More informationHalf Year 2006 RESULTS
GRUPO MEDIA CAPITAL SGPS, SA Sociedade Aberta Sede: Rua Mário Castelhano, n.º 40, Barcarena, Oeiras Matriculada na Conservatória do Registo Comercial de Cascais sob o n.º 1781 (Oeiras) Pessoa Colectiva
More informationHT MEDIA GROUP Q4 & FY Consolidated Financial Results
HT MEDIA GROUP Q4 & FY 2017-18 Consolidated Financial Results 1 Cautionary Statements Certain statements in this presentation may be forward-looking statements. Such forward looking statements are subject
More informationFY 2011 Results. February 28th, 2012
FY 2011 Results February 28th, 2012 Disclaimer In addition to figures prepared in accordance with IFRS, PRISA presents non-gaap financial performance measures, e.g., EBITDA, EBITDA margin, adjusted EBITDA,
More informationIMPORTANT INFORMATION
INSTITUTIONAL PRESENTATION Dec/2013 IMPORTANT INFORMATION This document contains forward-looking information to take into account regarding the business prospects, operational and financial results estimates
More informationResults for January - September November 2008
Results for January - September 2008 11 November 2008 Unbeatable Position for Capturing Growth Financial strength and business strength Capacity for strategy execution Sound financial position Flexible
More information2009 First Half Financial Results. September 2009
2009 First Half Financial Results September 2009 Agenda Who we are Market trends Efficiency Enhancement Program 2009: 1st Half Results and EEP Update Details by Business Unit 2 RCS Positioning ITALY ITALY
More informationJanuary-December Grupo PRISA results. January-December
Grupo PRISA 2003 results January-December JANUARY-DECEMBER 2003 RESULTS PROFIT BEFORE TAXES OF PRISA INCREASED BY 64%, UP TO 86 MILLION Revenues increased by 7%, up to 1,305 million, EBIT came in at 136
More informationLEGAL DISCLAIMER. Final results may differ substantially from the forecasts included herein.
May 2005 LEGAL DISCLAIMER This document has been prepared by Caltagirone Editore Group for information purposes only and it is not intended as an offer or solicitation of an offer to purchase or sell any
More information2006 Annual Results May 2007
2006 Annual Results May 2007 Disclaimer This document has been prepared by Caltagirone Editore S.p.A. for information purposes only and it is not intended as an offer or solicitation of an offer to purchase
More information4Q11 RESULTS PRESENTATION
4Q11 RESULTS PRESENTATION 1 MARCH 2012 1 DISCLAIMER This presentation contains forward looking information, including statements which constitute forward looking statements within the meaning of the U.S.
More informationFirst Half Results 2016
First Half Results 2016 Grupo Media Capital, SGPS, S.A. NOTE: Free translation for information purposes only. In the event of discrepancies, the Portuguese language version prevails TVI 12th consecutive
More informationROADSHOW FRANKFURT 1
ROADSHOW FRANKFURT 1 1. SONAE AT A GLANCE 2 WE ARE A RETAIL COMPANY Market leader in food and specialized retail formats With Board control of a Shopping Centre and a Telecommunications business SONAE
More information2007 Annual Results May 2008
2007 Annual Results May 2008 Disclaimer This document has been prepared by Caltagirone Editore S.p.A. for information purposes only and it is not intended as an offer or solicitation of an offer to purchase
More informationCTT Correios de Portugal. Company Presentation
CTT Correios de Portugal Company Presentation Disclaimer DISCLAIMER This document has been prepared by CTT Correios de Portugal, S.A. (the Company or CTT ) exclusively for use during roadshows and conferences
More informationPress Release. The Board of Directors of Class Editori Spa approves the Half-year Financial Report as at 30 June 2018.
Press Release The Board of Directors of Class Editori Spa approves the Half-year Financial Report as at 30 June 2018. Net improvement and return to a positive EBITDA - Revenue growth of Euro 34.56 million
More informationStröer SE & Co. KGaA. Salesforce Briefing October 2016
Ströer SE & Co. KGaA Salesforce Briefing October 2016 STRÖER #1 in OOH & DIGITAL Ströer: Focus on highest growing Ad Sub Segments Video ca. +20% Display/Mobile ca. 6% OoH ca. +6% Radio / TV Magazines Newspaper
More informationJune IMC: Merger with Sapore
June 2018 IMC: Merger with Sapore Disclaimer The material that follows is a presentation of general background information about International Meal Company Alimentação S.A. ( IMC or the Company ) as of
More informationBRASIL ENERGIA PETRÓLEO Magazine
BRASIL ENERGIA PETRÓLEO Magazine Brasil Energia Petróleo is the most important and influential publication of the Brazilian oil & gas sector. It brings wide and deep monthly coverage of the key issues
More information2015 ANNUAL RESULTS February 2016
2015 ANNUAL RESULTS February 2016 PRISA RETURNS TO PROFITABILITY. 5.3 MILLION EUROS NET PROFIT Adjusted EBITDA of 288.7 million (+10.3%) This operating growth is driven by: The growth of the business in
More informationRESULTS 2Q16 / 6M16 AUGUST 10, 2016
RESULTS / AUGUST 10, 2016 INTRODUCTION EFRAIM HORN OPERATING FIGURES EFRAIM HORN FINANCIAL RESULTS ERIC ALENCAR CYRELA S HIGHLIGHTS Launches of R$ 598 million in, 2.4% lower than and 44% lower than. In
More informationFirst Quarter 2012 Results
First Quarter 2012 Results Grupo Media Capital, SGPS, S.A. NOTE: Free translation for information purposes only. In the event of discrepancies, the Portuguese language version prevails 68 consecutive months
More informationPlease find attached Media Release for the financial half-year ended 26 December 2015.
17 February 2016 Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street Sydney NSW 2000 By electronic lodgment Total Pages: 6 (including covering letter) Dear Sir / Madam
More information2 August Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street Sydney NSW By electronic lodgment
2 August 2016 Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street Sydney NSW 2000 By electronic lodgment Total Pages: 9 (including covering letter) Dear Sir / Madam APPENDIX
More informationFilipe. Affonso Ferreira
Filipe Affonso Ferreira Disclaimer This presentation contains estimates and forward-looking statements regarding our strategy and opportunities for future growth. Such information is mainly based on our
More informationEnel Américas 1H 2018 results
Enel Américas 1H 2018 results Highlights of the period EBITDA of 1,652 musd, an increase of 19% vs 1H 2017 despite a negative fx scenario in Argentina and Brazil Generation EBITDA increased by 14% due
More informationHT MEDIA TARGET PRICE: RS.115 FY13E P/E: 14.6X COMPANY UPDATE
COMPANY UPDATE Ritwik Rai ritwik.rai@kotak.com +91 22 6621 6310 Summary table (Rs mn) FY12 FY13E FY14E Sales 20,030 21,173 22,922 Growth (%) 12.1 5.7 8.3 EBITDA 2,869 2,763 3,215 EBITDA margin (%) 14.3
More informationAgenda. Company Overview Newspapers. Free press. Financials Outlook Appendix. - products - strategy - industry overview - local strength
April 2004 Agenda Company Overview Newspapers - products - strategy - industry overview - local strength Free press - products and strategy - industry overview - national strength Financials Outlook Appendix
More informationFY18 RESULTS PRESENTATION. February 26 th, 2019
FY18 RESULTS PRESENTATION February 26 th, 2019 0 Disclaimer The information contained in this presentation has not been independently verified and is, in any case, subject to negotiation, changes and modifications.
More informationReinforcing our undisputed leadership in the wireless sector in Brazil through the acquisition of
Reinforcing our undisputed leadership in the wireless sector in Brazil through the acquisition of January 16 th, 2003 Safe Harbour This presentation contains statements that constitute forward-looking
More informationMondadori. A new Mondadori. 21 June 2006 Media Update. Price: 7.1 Target price: 9.43 Outperform
21 June 2006 Media Update Price: 7.1 Target price: 9.43 Outperform 10.00 9.50 9.00 8.50 21/6/06 2003 2004 2005 2006E 2007E EPS Adj. ( ) 0.41 0.50 0.44 0.43 0.47 DPS ( ) 0.30 0.35 0.60 0.37 0.41 BVPS (
More informationFinancial Accounting. Chapter 3
Financial Accounting 2014/2015 GAi Chapter 3 Cases Cases to be solved in classes (*): Case 3.01 Corticeira Amorim Case 3.02 Média Capital Case 3.03 Delta Cafés (*)These cases were prepared based on the
More informationHighlights: In this quarter the number of units transferred was 31% higher than 3Q17. In the Q-o-Q comparison the PSV increased 13%.
3Q18 and 9M18 Earnings Results São Paulo, November 14 th, 2018: PDG Realty S.A. (PDGR3) Under Court-supervised Reorganization - announces today its results for the third quarter of 2018. Founded in 2003,
More informationAgenda. Company Overview Newspapers. Free press. Financials Outlook Appendix. - products - strategy - industry overview - local strength
May 2004 Agenda Company Overview Newspapers - products - strategy - industry overview - local strength Free press - products and strategy - industry overview - national strength Financials Outlook Appendix
More informationBuilding Value César Alierta Chairman & CEO Telefónica S.A.
Second Investor Conference March 2002, Sevilla Building Value César Alierta Chairman & CEO Telefónica S.A. Objectives for these two days Review the progress since Río, during a difficult year Update Group
More informationCompany Overview. August 2006
Company Overview August 2006 Safe Harbor Statement During this presentation management may discuss certain forwardlooking statements concerning FEMSA s future performance that should be considered as good
More informationSOMOS Educação ER 4Q17
SOMOS Educação ER 4Q17 São Paulo, February 20, 2018 SOMOS Educação S.A. (B3: SEDU3) announces its results for the fourth quarter of 2017 (4Q17) and fiscal year 2017. The comments herein refer to consolidated
More informationFull-Year 2017 Results
Full-Year 2017 Results Adjusted revenue up +2.3% to 3,471.9 million, adjusted organic revenue up +3.2% Adjusted operating margin of 653.5 million, up +1.1% Adjusted EBIT, before impairment charge, of 358.1
More informationAgenda. Company Overview Newspapers - products - strategy - industry overview - local strength Free press - products and strategy
November 2004 Agenda Company Overview Newspapers - products - strategy - industry overview - local strength Free press - products and strategy - industry overview - national strength Financials Outlook
More informationROADSHOW LONDON. London I 19 November
ROADSHOW LONDON London I 19 November 2010 1 1. SONAE AT A GLANCE 2 WE ARE A RETAIL COMPANY Market leader in food and specialized retail formats With Board control of a Shopping Centre and a Telecommunications
More informationCONFERENCE CALL. (only in Portuguese) Date: November 14 th, at 5 pm BRT/ 2 pm US ET/ 7 pm London. Phone: Dial-in Brazil:
CONFERENCE CALL (only in Portuguese) Date: November 14 th, 2017 at 5 pm BRT/ 2 pm US ET/ 7 pm London Phone: Dial-in Brazil: +55 11 3193-1001 Code: Alpargatas Presentation: http://ri.alpargatas.com.br Speakers:
More informationGLOBAL CONSUMER & RETAIL. London I 22 September
GLOBAL CONSUMER & RETAIL CONFERENCE London I 22 September 2010 1 1. SONAE AT A GLANCE 2 WE ARE A RETAIL COMPANY Market leader in food and specialized retail formats With Board control of a Shopping Centre
More information3Q14 Earnings Conference Call
3Q14 Earnings Conference Call 2 Group Overview CONTAX IS THE LEADING CRM BPO COMPANY IN SOUTH AMERICA Contax Group at a glance Contax Group footprint and portfolio of services Contax Group Highlights 4
More informationSingapore Press Holdings. 1H FY12 Financial Results 13 April 2012
Singapore Press Holdings 1H FY12 Financial Results 13 April 2012 Group 1H FY12 financial highlights 1H FY12 S$ 000 1H FY11 S$ 000 Change % Operating Revenue 630,857 606,537 4.0 Operating Profit # 211,302
More informationFollowing is a copy of the Presentation of Results for the financial half-year ended 29 December 2012.
20 February 2013 Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street Sydney NSW 2000 By electronic lodgment Total Pages: 27 (including covering letter) PRESENTATION OF
More informationMilan, March 27th, 2008
The Board of Directors approves the 2007 financial statements. Revenues equal to 121.8 million Euros; Operating revenue: circa +4% Advertising +8,1% Pre-tax profit: 3.8 million. Debt falls, cash flow increases
More information9M 2016 Financial Results
9M 2016 Financial Results Presentation December 1, 2016 December 2016 Public Final Page 1 of 20 9M16 Results Consolidated Financial Statements For The 9 Months Ended September 30th, 2016 % % (in million)
More informationFourth-quarter and full-year 2017 RESULTS MARCH,
Fourth-quarter and full-year 2017 RESULTS MARCH, 15 2018 DISCLAIMERS This presentation contains forward-looking statements. Such statements are not statements of historical fact, and reflect the beliefs
More informationCapital composition 1. Cash proceeds 2. Balance sheet assets 3. Balance sheet liabilities and equity 4. Statement of income 6
(A free translation of the original in Portuguese) Quarterly Information (ITR) 9/30/2017 - AREZZO INDÚSTRIA E COMERCIO S/A Version: 1 Contents Company information Capital composition 1 Cash proceeds 2
More informationAugust 21nd, Results 2017 S1. Presentation by: - Mr Rik De Nolf (President of the Board) - Mr Xavier Bouckaert (CEO) - Mr Jeroen Mouton (CFO)
August 21nd, 2017 Results 2017 S1 Presentation by: - Mr Rik De Nolf (President of the Board) - Mr Xavier Bouckaert (CEO) - Mr Jeroen Mouton (CFO) MISSION & STRATEGY XAVIER BOUCKAERT Mission and Ambition
More informationQ Results. Milano, May 14th 2014
Q1 2014 Results Milano, May 14th 2014 Agenda Market Trends & Digital Business Q1 2014 Results Business Units Focus 2 Continued delivery of Plan Shift towards digital business Increasing weight of digital
More informationReview of 9M12 Results
Review of Results 13November 2012 Notice This presentation does not constitute an offer or invitation to purchase or subscription for any securities and no part of it shall form the basis of or be relied
More informationResults presentation. For the six months ended 30 September November 2007
Results presentation For the six months ended 30 September 2007 27 November 2007 1 Important information This presentation contains forward-looking statements. While these forward-looking statements represent
More information2Q17 Earnings Release
2Q17 Earnings Release 2Q17 HIGHLIGHTS 34.1% growth in access using ultra broadband (over 10MB) Uberlândia - MG, August 2017 - Algar Telecom, a comprehensive integrated telecommunications and IT company,
More informationFY 2015 RESULTS PRESENTATION. Madrid, 29 th February 2016
FY 2015 RESULTS PRESENTATION Madrid, 29 th February 2016 Disclaimer In addition to figures prepared in accordance with IFRS, PRISA presents non-gaap financial performance measures, e.g., EBITDA, EBITDA
More informationInterim Results 9M th October
Interim Results 9M 2012 29th October 2012 PRISA REACHED IN THE FIRST NINE MONTHS OF 2012 AN EBITDA OF 403.29 MILLION EUROS (+6.2%) Recurrent EBITDA was 408.77 million Euros (-3.4%) Education and Radio
More information