RM-SYSTÉM»Události»CME Ltd. Reports Results for the Full Year and Fourth Quarter Ended December 31, 2015

CME Ltd. Reports Results for the Full Year and Fourth Quarter Ended December 31, 2015

22.02.2016 15:25
FULL YEAR - Net revenues increased 6% at constant rates to US$ 605.8 million - - OIBDA improved 53% at constant rates to US$ 122.8 million - - Free cash flow grew US$ 149.2 million to US$ 55.5 million - FOURTH QUARTER - Net revenues increased 3% at constant rates to US$ 195.6 million - - OIBDA improved 16% at constant rates to US$ 56.2 million - ANNOUNCES NEW €469 MILLION TERM LOAN TO REFINANCE MOST EXPENSIVE DEBT

Operational and financial highlights:

  • The television advertising markets across our six countries increased an estimated 6% in 2015.
  • TV advertising revenues increased 6% at constant rates and our share of the television advertising market increased in three countries.
  • We maintained clear prime time and all day audience share leadership in all six countries.
  • Carriage fees and subscription revenues increased 9% in 2015.
  • Increasing revenues whilecontrolling costs led to OIBDA margin expansion of more than 600 basis points in 2015.
  • The significant improvement in free cash flow reflects operational improvements, lower cash interest, and normalized working capital requirements.
  • During February 2016, we entered into the 2021 Euro Term Loan to refinance our most expensive debt, including the 2017 PIK Notes.

Full press release (ENG)

Press release pdf (ENG)

Presentation (ENG)


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