Atresmedia Reports Strong Growth in 1H24

Atresmedia Corporacion de Medios de Comunicacion, S.A (ES:A3M) has released an update.

Atresmedia Corporacion de Medios de Comunicacion, S.A reports a positive financial performance for the first half of 2024 with a 10.6% increase in net revenue and a significant rise in net profit by 15.5% compared to the same period last year. The company’s market capitalization also saw a notable hike of 26.7%, with the share price appreciating to €4.43 from €3.49. These developments indicate a robust growth trajectory for Atresmedia, bolstered by its audiovisual and radio divisions.

For further insights into ES:A3M stock, check out TipRanks’ Stock Analysis page.