The Impresa closed the first half with earnings of 672,000 euros, down 88.7% over the same period last year, driven by lower revenues from telephone calls, popular in television contests. In total, revenues decreased 6.6% to 115 million euros.
The reduction in revenue from telephone calls, popular in television contests, penalized the accounts for the first six months of this year Impresa.
The owner of the SIC recorded a net profit of 672 thousand euros, which represents a decrease of 88.7% over the first half of 2014. Taking into account only the second quarter the year, the values are located in the EUR 3.4 million. – least 26.1% over the second quarter of 2014, according to the statement released this Thursday CMVM
“As anticipated in end of the first quarter, we managed to return to profitability in the second quarter of 2015, beginning to contract the downward trend that we are experiencing because of the reduction in revenues from IVR [telephone calls “, said Pedro Norton de Matos, CEO grup o. In fact, reducing the line of telephone calls “represented more than the overall reduction in revenue,” according to the same document.
The EBITDA (earnings before interest, taxes, depreciation and amortization) recorded in the first six months of the year was 10.2 million euros, down 37.4% over the same period last year largely due to calls starting with 760.
The self-regulatory agreement signed by the broadcasters and the bus by the telecom operators, which began to be raised around April, have driven the breach of this strong source revenues from television channels.
In addition to telecom operators ‘unlock’ access to these calls, the media groups also agreed to share revenue from these calls with them, which also helps the explain the continuing breakdown of this account from April to June
And the downward trend should continue:. “We expect revenues from the IVR continue to deteriorate over the coming months, but we keep expecting to perform second semester in line with last year and continue to reduce our interest-bearing liabilities “, explains the CEO of Impresa .
In total, Impresa had consolidated revenues of 111.4 million euros, 6.6% less than in the previous six months, again due to the procurement item with telephone participation.
As for the advertising revenues registered a slight decrease of 1% to 58.6 million euros.
In view of the advertising revenue only the SIC in the first half there has been a decline of 0.9% to 45.9 million euros. Analyzing only the second quarter, advertising revenues of SIC rose 0.2% to 26.6 million euros.
In the same statement, Impresa also stresses “the excellent performance of the publishing area, which, in a very adverse conditions, saw its EBITDA rise 52.2% in the first half of 2015 to EUR 1.6 million. “
As of June, net debt Impresa decreased 0.4% to 200 , 4 million euros.
(updated News at 17H28 more information)
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