2018 Full Year Results
2018 FULL YEAR RESULTS January – December 2018 Madrid – February 27th, 2019 FY 18 Results (January – December) CONTENTS 1. Financial and Operating highlights 2. Operating KPI’s 2.1 TV Consumption 2.2 Audience share 2.3 Content mix 2.4 Associated Companies 2.5 Internet 3. Profit and loss account 4. CAPEX 5. Balance sheet 6. Cash flow generation 7. Dividend & Buyback programs (2005-2018) 8. Events following the close of the period 9. Investors calendar 10. Definition of APMs 11. Contact Conference Call / Web cast details 28th February 2019 at 13:00 CET (12:00 UK Time) Spain: +34 91 41 46 280 UK: +44 (0) 207 192 8000 USA: +1 631 510 7495 Pin Code: 5499612 You will also be able to connect via webcast with this link: https://edge.media-server.com/m6/p/umxrtq4h Or through our IR homepage: http://www.mediaset.es/inversores/en/ www.mediaset.es/inversores/en 1 FY 18 Results (January – December) 1. FINANCIAL AND OPERATING HIGHLIGHTS mill. EUR 4Q 18 4Q 17 Var (%) 2018 2017 Var (%) Total net revenues 285,1 295,0 (3,3%) 981,6 996,3 (1,5%) Total operating costs (204,8) (231,5) (11,5%) (707,6) (734,0) (3,6%) (1) EBITDA Adj. 80,3 63,5 26,6% 274,0 262,2 4,5% EBITDA margin 28,2% 21,5% 27,9% 26,3% EBIT 75,2 60,1 25,1% 256,9 245,3 4,7% EBIT margin 26,4% 20,4% 26,2% 24,6% NET PROFIT 53,4 51,4 3,9% 200,3 197,5 1,4% (2) EPS 0,16 0,16 0,61 0,60 Net cash position at the end 2018 167,8 135,3 24,0% 167,8 135,3 24,0% Free Cash Flow at the end 2018 223,4 229,3 (2,6%) 223,4 229,3 (2,6%) (1) EBITDA Adj, includes TV rights consumption (2) excluding any treasury shares as at 31.12 • As per Infoadex figures, the total Audiovisual market, (TV+Digital) was €3,077.9 million in 2018, which represents an increase of 4.1% compared to 2017 (€2,955.6 million).
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