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Nos Sgps Company Report
MASTERS IN FINANCE EQUITY RESEARCH NOS SGPS COMPANY REPORT TELECOMMUNICATIONS 5TH JANUARY 2017 STUDENT: NELSON AZEVEDO [email protected] A New Season Begins Recommendation: BUY With an upside of 18% Price Target FY17: 6.50 € . FTTH/HFC network – NOS has 3.6 million homes passed Including dividends with FTTH and HFC technology. MEO and Vodafone have 2.2 and Price (as of 5-Jan-17) 5.51 € 2 million, respectively. The European Commission ordered MEO to share with Vodafone its FTTH network in non-competitive areas. 52-week range (€) 5.19 – 7.25 This deal can be used to encourage a share agreement between Market Cap (€m) 2,840 Outstanding Shares (m) 512.13 the operators which will reduced the levels of CAPEX (25% of it is related with network expansion) and probably it will increase the Source Bloomberg EBITDA margins due to a more efficient use of the networks. Increasing on market shares – MEO has been losing market share across all sub-segments. For instance, in the 4P bundles, MEO’s market share decreased 22 pp, which were gained by NOS (that has 86% on this segment). On the mobile segment, NOS’ market share increased 10 pp (to 26%) on the past 6 years, while Vodafone lost 6 pp (to a 29% market share). ZAP’s potential – It acquires the exclusivity to broadcast Globo in Angola (this is the second largest market for Globo) and it aims to expand the FTTH network until 2020. Angola is an Source: Bloomberg important road to overcome the future Portuguese market (Values in € millions, 2015 2016E 2017E excluding ratios) stagnation. -
O Processo De Produção Jornalística Na SIC Notícias Online Fernanda
O processo de produção jornalística na SIC Notícias online Fernanda Maria Santos Reis Relatório de Estágio de Mestrado em Jornalismo janeiro, 2019 Relatório de Estágio apresentado para cumprimento dos requisitos necessários à obtenção do grau de Mestre em Jornalismo realizado sob a orientação científica do Professor Doutor Pedro Coelho 2 AGRADECIMENTOS Ao meu orientador, Pedro Coelho, pela sua orientação e por toda a disponibilidade e ajuda. Pelas sugestões e correções que permitiram concluir este trabalho. A todos os colegas e professores de licenciatura e mestrado que se cruzaram no meu caminho ao longo do meu percurso académico. À SIC, todos os editores, coordenadores, jornalistas, produtores, repórteres e editores de imagem, pela oportunidade de fazer parte desta família e por me proporcionar uma experiência enriquecedora e que enriqueceu este trabalho. Um obrigada especial a todos os que me ajudaram nesta jornada de seis meses, com quem muito aprendi e continuo a aprender. Aos jornalistas que colaboraram na construção deste trabalho, através das entrevistas. À minha família e aos meus amigos. Às minhas irmãs. Ao André. Aos meus pais. À minha avó. Aos meus sobrinhos. Por todo o apoio incondicional e compreensão pela ausência e impaciência. Obrigada! 3 O PROCESSO DE PRODUÇÃO JORNALÍSTICA NA SIC NOTÍCIAS ONLINE [THE PROCESS OF JOURNALISTIC PRODUCTION IN SIC NOTÍCIAS WEBSITE] FERNANDA MARIA SANTOS REIS RESUMO Este relatório é resultado de um estágio de seis meses realizado na SIC, na redação de informação de Carnaxide, onde os dois primeiros meses foram passados na secção do Online. O trabalho tem como objetivo analisar os conteúdos produzidos pela SIC Notícias online, destacando, sobretudo, a capacidade de produção de conteúdos próprios. -
Impresa, Portugal's Largest Media Group, Selects Woodwing
Media Release Impresa, Portugal’s largest media group, selects WoodWing Elvis DAM to manage its large pool of digital assets across the group Impresa selected Elvis DAM as its new system to efficiently manage its stock of millions of current and legacy media assets and to streamline its photo workflow. WoodWing´s digital asset management system creates a future-proof platform to deal with the company’s rapidly growing file stocks. This is a necessity as the publisher expects growth rates of several million images and other assets every year for its weekly newspaper Expresso, its extensive portfolio of magazines and various digital offerings. Integrated with WoodWing´s multi-channel publishing system Enterprise that Impresa implemented last year, Elvis DAM allows the team to tap the benefits of an integrated publishing and digital asset management environment. Impresa obtained Elvis DAM by leveraging the attractive subscription model offered by WoodWing. The deal was set during WoodWing´s Xperience conference in Lisbon on June 17-18, 2014. Zaandam, The Netherlands (August 14, 2014) – Impresa is the largest media group and the most innovative multi-channel publisher in Portugal. The group publishes the weekly newspaper Expresso and 14 magazines, with the majority of its publications considered the leaders in their various markets. Expresso and many of the magazines are available in print and online as well as on Android and iOS tablets and smartphones. Digital editions represent 10% of overall sales of the group and a market share of 48% in digital publications in Portugal. The company also owns the Portuguese television station SIC with several channels. -
Annual Report on the Corporate Governance of Listed Companies in Portugal 2008
Comissão do Mercado de Valores Mobiliários Annual Report on the Corporate Governance of Listed Companies in Portugal 2008 Annual Report on the Corporate Governance of Listed Companies in Portugal - 2008 CMVM INDEX INDEX .................................................................................................................. 2 List of Charts ....................................................................................................... 3 List of Tables ....................................................................................................... 5 List of Textboxes ................................................................................................. 6 Introduction ........................................................................................................ 7 I. Shareholder Capital Structure ........................................................................ 9 I.1 Share Capital, Market Capitalisation and Trading Volume ............................... 9 I.2 Ownership Concentration and Shareholder Capital Structure .......................... 10 I.2.1 Ownership Concentration and Major Shareholders .................................... 10 I.2.2 Shareholder Structure .......................................................................... 12 I.3 Shareholders’ Place of Residence ................................................................ 19 I.4 Stock-Option Plans ................................................................................... 20 II. Corporate Governance Models, Boards -
United States Securities and Exchange Commission Form
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F អ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ፤ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2006 OR អ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-13758 PORTUGAL TELECOM, SGPS S.A. (Exact name of Registrant as specified in its charter) The Portuguese Republic (Jurisdiction of incorporation or organization) Av. Fontes Pereira de Melo, 40, 1069-300 Lisboa Codex, Portugal (Address of principal executive offices) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered American Depositary Shares, each representing one ordinary share, nominal value A0.03 per share ........ New York Stock Exchange Ordinary shares, nominal value A0.03 each ........... New York Stock Exchange* * Not for trading but only in connection with the registration of American Depositary Shares. Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report. Ordinary shares, nominal value A0.03 per share ........................................ 1,128,856,000 Class A shares, nominal value A0.03 per share ........................................ -
Grupo IMPRESA
IMPRESA Annual Accounts 2016 IMPRESA – SGPS, S.A. Sociedade Aberta Capital Social Eur 84.000.000 Rua Ribeiro Sanches, 65 1200–787 Lisboa NIPC 502 437 464 Conservatória do Registo Comercial de Lisboa SINGLE MANAGEMENT REPORT 2016 In compliance with the requirements imposed by law regarding public companies, the Board of Directors of IMPRESA – Sociedade Gestora de Participações Sociais, S.A. hereby presents its SINGLE MANAGEMENT REPORT relative to the financial year of 2016. In doing so, the Board was careful to include sufficient elements and information for the shareholders and investors in general to be able to assess the activity of the IMPRESA GROUP in a clear and objective manner within the respective horizon of intervention. A. Consolidated Accounts The consolidated financial statements were prepared according to IAS/IFRS provisions, as adopted by the European Union, which include the International Accounting Standards (IAS) issued by the International Standards Committee (IASC), the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB), and the respective SIC and IFRIC interpretations issued by the International Financial Reporting Interpretation Committee (IFRIC) and Standing Interpretation Committee (SIC). 1. Executive Summary · IMPRESA achieved a consolidated net profit of 2.8 M€ in 2016, corresponding to a decrease of 31.5%. In the 4th quarter of 2016, net profits rose 13.9% to 3.3 M€. · Over the course of 2016, an improvement of 38.8% in financial results was reported. · IMPRESA reached a consolidated EBITDA of 15.5 M€ in 2016, corresponding to a decrease of 31.1%. · Total revenues of the IMPRESA Group fell 10.8%, reaching 206 M€ in 2016. -
Portugal: Overview
EUROPE, MIDDLE EAST AND AFRICA ANTITRUST REVIEW 2020 © Law Business Research Ltd 2019 EUROPE, MIDDLE EAST AND AFRICA ANTITRUST REVIEW 2020 Reproduced with permission from Law Business Research Ltd This article was first published in July 2019 For further information please contact [email protected] LAW BUSINESS RESEARCH © Law Business Research Ltd 2019 Published in the United Kingdom by Global Competition Review Law Business Research Ltd 87 Lancaster Road, London, W11 1QQ, UK © 2019 Law Business Research Ltd www.globalcompetitionreview.com To subscribe please contact [email protected] No photocopying: copyright licences do not apply. The information provided in this publication is general and may not apply in a specific situation. Legal advice should always be sought before taking any legal action based on the information provided. This information is not intended to create, nor does receipt of it constitute, a lawyer–client relationship. The publishers and authors accept no responsibility for any acts or omissions contained herein. Although the information provided is accurate as of June 2019, be advised that this is a developing area. Enquiries concerning reproduction should be sent to Law Business Research, at the address above. Enquiries concerning editorial content should be directed to the Publisher – [email protected] © 2019 Law Business Research Limited ISBN: 978-1-83862-219-0 Printed and distributed by Encompass Print Solutions Tel: 0844 2480 112 © Law Business Research -
As Redes Sociais Como Estratégia De Comunicação Na SIC
Departamento de Comunicação Social da Escola Superior de Educação de Coimbra Mestrado em Comunicação Social - Novos Media As Redes Sociais como Estratégia de Comunicação na SIC Vinicios Alves Pinto Rodrigues Estrela Coimbra, 2020 Vinicios Alves Pinto Rodrigues Estrela As Redes Sociais como Estratégia de Comunicação na SIC Relatório de Estágio em Comunicação Social, na especialidade de Novos Media, apresentada ao Departamento de Comunicação Social da Escola Superior de Educação de Coimbra para a obtenção do grau de Mestre. Constituição do júri Presidente: Prof. Doutor Gil António Baptista Ferrreira Arguente: Prof. Doutora Susana Maria Cerqueira Borges Orientador: Prof. Doutora Carla Susana Ribeiro Patrão Junho/2020 Mestrado em Comunicação Social - Novos Media Agradecimentos Devo antes de mais nada agradecer aos meus pais, irmão, familiares e amigos que me incentivaram e me apoiaram a nunca parar de acreditar nos meus sonhos. O caminho não foi nada fácil. Agradeço a esta Instituição que, com muita competência, me proveu de materiais necessários para a realização deste trabalho. Não devo esquecer da grande ajuda e incentivo do Denis Gächter, que esteve ao meu lado em todos os momentos deste processo. Quero agradecer também aos professores e, em especial, aos professores Gil Baptista e Carla Patrão que me acompanharam na busca pelo conhecimento; e a todos aqueles que tiveram influência na minha formação. 1 Escola Superior de Educação | Politécnico de Coimbra 2 Mestrado em Comunicação Social - Novos Media As Redes Sociais como Estratégia de Comunicação na SIC Resumo: O presente relatório de estágio abrange uma visão sobre as mudanças nas estratégias de comunicação com a implementação das redes sociais ligadas à empresa na qual prestei minha colaboração, a Sociedade Independente de Comunicação (SIC). -
Sportinguista Eleita Miss Teenager Universo Portugal - Jogo Da Vida - Jornal Record
14/05/13 :.: Sportinguista eleita Miss Teenager Universo Portugal - Jogo da vida - Jornal Record :.: Correio da Manhã | Jornal de Negócios | Sábado | Máxima | Vogue | Destak | Automotor | CMTV Classificados | Semana Informática | Assinaturas | Emprego | Cofina Media Vermont legaliza eutanásia e posse de canábis HOJE NO RECORD VIEIRA PAGA 3 MILHÕES Diário de informação generalista especializado em desporto. Diretor: Alexandre Pais Siga-nos em: | | | Futebol Resultados e Classificações Internacional Modalidades Opinião Multimédia Record Auto Jogo da vida Fora de campo Apostas Poker Jogo da vida Sportinguista eleita Miss Teenager Universo Portugal Miss Fanática Record: Terça-Feira, 14 maio de 2013 | 08:56 conheça as candidatas Fotos: D.R. RECORD 0 Gosto 2 Enviar Tw eet 0 Comentários Visto: 2085 Se queres concorrer à edição 2013/2014, envia seis fotos no mínimo para publicação... Últimas + Lidas + Comentadas + Votadas 11:05 Fora de campo Chama-se Marcela Prodan, tem 17 anos, é sportinguista e a adolescente que representa Portugal Bombeiros reclamam mais meios de combate na grande final Miss Teenager Universo 2013, que se irá realizar no Panamá no dia 27 de julho. “Fiquei superfeliz, orgulhosa”, afirma a jovem a Record, depois de ter sido coroada, no domingo, na 10:59 Especial - Benfica-Chelsea Gala Final Miss Teenager Universo Portugal, que decorreu no Cine Teatro Municipal de Ourém. Djuricic e Sulejmani presentes na final Sente o peso da responsabilidade, mas a esperança mantém-se fora de portas. “Quero representar muito bem o nosso país, dar a conhecer ao Mundo a nossa cultura, que é tão rica”, realça. Também 10:48 Fotos as águias de Jesus representam amanhã Portugal na final da Liga Europa e é exatamente por essa Picante, picante razão que, apesar de ser sportinguista, apoia o clube da Luz. -
COFINA, SGPS, S.A. Public Company
COFINA, SGPS, S.A. Public Company Head Office: Rua do General Norton de Matos, 68, r/c – Porto Fiscal number 502 293 225 Share Capital: 25,641,459 Euro 1st Half 17 FINANCIAL INFORMATION (Unaudited) This document is a translation of a document originally issued in Portuguese, prepared using accounting policies consistent with the International Financial Reporting Standards and with accordance with the International Accounting Standard 34 – Interim Financial Reporting, some of which may not conform or be required by generally accepted accounting principles in other countries. In the event of discrepancies, the Portuguese language version prevails. The consolidated financial information of Cofina for the first half of 2017, prepared in accordance with the principles of recognition and measurement of International Financial Reporting Standards (IFRS), can be presented as follows: (amounts in thousand of Euro) 1H17 1H16 Var (%) Consolidated operating revenue 43,991 48,471 -9.2% Circulation 22,810 25,329 -9.9% Advertising 14,454 15,147 -4.6% Alternative marketing products and others 6,727 7,995 -15.9% Operating income by segment 43,991 48,471 -9.2% Newspapers 37,117 39,905 -7.0% Magazines 6,874 8,566 -19.8% Operating Expenses (a) 38,368 42,030 -8.7% Consolidated EBITDA (b) 5,623 6,441 -12.7% EBITDA Margin 12.8% 13.3% Newspapers EBITDA 6,286 7,016 -10.4% Newspapers EBITDA Margin 16.9% 17.6% -0,7 pp Magazines EBITDA -663 -575 -15.3% Magazines EBITDA Margin -9.6% -6.7% -2.9 pp Restructuring Costs -2,000 0 Consolidated EBITDA after restructuring -
REPORT and ACCOUNTS 30 June 2017
REPORT AND ACCOUNTS 30 June 2017 REPORT AND ACCOUNTS 1H 2017 06 (This is a translation of a document originally issued in Portuguese. In the event of discrepancies, the Portuguese language version prevails – Note 16) TABLE OF CONTENTS INTRODUCTION ....................................................................................................................................... 3 STOCK EXCHANGE EVOLUTION ............................................................................................................. 4 COMPANY ACTIVITY ............................................................................................................................... 6 FINANCIAL REVIEW ................................................................................................................................ 7 OUTLOOK ............................................................................................................................................. 10 CORPORATE GOVERNANCE ................................................................................................................. 11 LEGAL MATTERS .................................................................................................................................. 12 CLOSING REMARKS ............................................................................................................................. 14 STATEMENT UNDER ARTICLE 246, 1, C) OF THE SECURITIES CODE ................................................... 15 DECLARATION OF RESPONSIBILITY ................................................................................................... -
GRANDE ENTREVISTA (THE BIG INTERVIEW) with VÍTOR GONÇALVES, RTP 3 15 January 2020
GRANDE ENTREVISTA (THE BIG INTERVIEW) WITH VÍTOR GONÇALVES, RTP 3 15 January 2020 A very good evening. In an unprecedented decision, the Angolan courts decided to seize the Angolan bank accounts and company holdings of the businesswoman Isabel dos Santos. In her first interview with Portuguese television, Isabel dos Santos will explain what she thinks is happening in her country, Angola, and how she will respond to this decision by the Luanda Court. She will do this today in a special edition of RTP’s Grande Entrevista recorded in London. First of all, Isabel dos Santos, thank you very much for agreeing to be interviewed. The Provincial Court of Luanda believes that the businesses owned by you and your husband and the Portuguese director of your companies, Mário Leite da Silva, have deprived the Angolan state of an extraordinary amount of money: of $1,136,996,825.56 to be precise. Do you accept this allegation? Good evening, Vítor Gonçalves, and thank you for giving me the chance to answer your questions. As you can no doubt imagine, this is a very difficult time in my life. These allegations are accusations that I take very seriously. I have always worked with the greatest transparency, so all my business is very well known. I have operated in Angola for more than 20 years. I have operated in Portugal since 2005 or 2006. I have always operated transparently. I have always informed the authorities, both in Angola and in Portugal, of my investment plans. As you can imagine, a person in my position, with family connections to the President of the Republic, is subject to a great deal of scrutiny.