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ATRESMEDIA

|

ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2014

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ATRESMEDIA

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30

Financial results

After several years of generalised decline, the advertising market has be-

gun to grow and is doing so at a time when

Atresmedia

is in the best

possible position: an editorial line that is on the up, creative, highly ap-

preciated by the public and advertisers, and an efficient, professional and

flexible business model, which has successfully overcome the crisis with

some exceptional financial results. This is without doubt a good starting

point, at a time when the organisation has just celebrated the first 25

years of its history.

Advertising investment in the different media formats has experienced

significant growth, especially in the media formats where

Atresmedia

is

present: television and radio. At this turning point, the Company’s results

have been exceptional.

__

Its Net Revenue reached 883.2 million euros (compared to 829.8 in

2013), which represents an increase of 6.4%.

__

Its EBITDA was 127.7 million euros (+59.3%), achieving a margin of

14.5% which is almost five points above the margin achieved in 2013.

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Its Net Profit reached 46.7 million euros, 1.6% more than in 2013.

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Its distributed economic value was 635.3 million euros.

Atresmedia Televisión

The

Atresmedia

television division, despite losing three channels in the

month of May, has managed to notably increase its revenue, supported

by a market that is on the up, but also by the Group’s ability to react and

adapt to any environment by seeking new formulas.

__

Its Net Revenue was 784.5 million euros, compared to 728.5 in the

previous year, which is a growth of 7.7%.

__

Its EBITDA amounted to 103.3 million euros, which represented a

margin of 13.2%, and a growth of 98.4% compared to 2013.

Atresmedia Radio

Atresmedia

has also obtained some magnificent results in the radio seg-

ment. This is primarily the result of attractive, balanced and diverse pro-

gramming which has gained the trust of the public and advertisers, to

such an extent that its revenue has grown by more than the market (+4%).

__

Its Turnover was 83.9 million euros, compared to 79.7 million euros

in the previous year, an increase of 5.2%.

__

Its EBITDA amounted to 17.6 million euros, compared to 16.9 million

in 2013.