Atresmedia Reports Strong FY24 Financial Performance

Atresmedia Corporacion De Medios De Comunicacion Sa ( (ATVDY) ) has released its Q4 earnings. Here is a breakdown of the information Atresmedia Corporacion De Medios De Comunicacion Sa presented to its investors.

Atresmedia Corporacion De Medios De Comunicacion Sa is a leading Spanish media company operating in the audiovisual and radio sectors, known for its strong presence in television and digital media.

In its latest earnings report for fiscal year 2024, Atresmedia reported a solid financial performance with a notable increase in net revenue and EBITDA, despite a decline in overall profit due to a one-time tax credit in the previous year. The company maintained its leadership in the Spanish television market and expanded its digital audience reach.

Key financial highlights include a 4.8% increase in net revenue to EUR 1,017.9 million and a 2.6% rise in EBITDA to EUR 177.6 million, marking the best EBITDA performance since 2019. The company’s net financial position improved significantly, with a positive balance of EUR 139.9 million. Atresmedia’s television segment continued to dominate the market, with Antena 3 being the most-watched channel in Spain. The radio segment also showed growth, with a 7.1% increase in net revenue.

Looking ahead, Atresmedia remains optimistic about its growth prospects, focusing on content investment and digital expansion to strengthen its market position. The company aims to continue leveraging its strong brand and audience engagement to drive future success.