Report
Neil Macker
EUR 100.00 For Business Accounts Only

Grupo Televisa is a video content and distribution powerhouse, and pay TV has been performing well.

Grupo Televisa rebounded from a mixed first quarter with a strong second quarter, as revenue and operating income both came in ahead of consensus projections. The World Cup helped drive revenue growth across all segments. Ad revenue grew year over year for the second consecutive quarter. This provides more evidence that the switch of the advertising sales model to a U.S.-style sales structure is working, but we are waiting for a few more quarters of growth before anointing the change a success. ...
Underlying
Grupo Televisa SA (ADR)

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Neil Macker

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