Atresmedia grows in revenue until September, but profit falls to 71.5 million

by archynewsy
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Atresmedia This Wednesday he presented the results of the new first months of the year with one of lime and another of sand. While the income has responded to the risewith an increase of 1.8% to 666.4 million euros, profit has suffered by 4.4% to register 71.5 million of euros until September.

The group has indicated that it expects margins to remain at similar levels to recent years and to pay a new dividend for the year in December.

Radio and the production and distribution of audiovisual content have been the two verticals that have grown the most with a rebound of 4.9% and 16.8%, respectively. The second division is responsible for the sale of content abroad, cinema and the Atresplayer platform.

For its part, the audiovisual business grew by 1.6% to 618.9 million euros, above the rebound in advertising, which was limited to 0.6%: The company expects that income in this section will continue to grow at the end of the year and 2024 driven by the growth projected for the economy.

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