Atresmedia : 2021 results beat forecasts, good start to 2022 with a stabilisation of costs
>2021 results better than expected... - Atresmedia yesterday reported its 2021 full-year results which were higher than we expected with EBITDA of € 172.5m, while we had forecast € 158.2m. Advertising revenue growth in Q4 was a negative 3.5% vs 1.5% expected. The group distributed a dividend of € 0.18 per share and will pay an additional dividend in June. The management held a conference call afterwards at which they issued a confident message on the market in 2022. ...Atresmedia Corporacion De Medios De Comunicacion is a television and radio broadcasting company based in Spain. Co. is engaged in the indirect management of television and radio services, which include the broadcasting, creation, production and distribution of television and radio programming, and the sale of advertising time. Group companies mainly carry on business activities relating to the production, copying and broadcasting of sounds and images, and TV and Internet home shopping. Co. provides National and World Digital Television Services. Co. is the parent company of Grupo Antena 3.
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