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An update from Grupo Televisa, S.A.B. ( (TV) ) is now available.
Grupo Televisa, S.A.B. reported a 38.4% increase in cash and cash equivalents in 2024, driven by strong free cash flow generation, despite a 6.0% revenue decline mainly due to downturns in its Sky segment. The company also experienced a decrease in net loss attributable to stockholders by 2.1% from 2023, resulting from reduced finance expenses and improved income tax positions, although offset by significant impairment adjustments in the Sky and Cable segments.
More about Grupo Televisa, S.A.B.
Grupo Televisa, S.A.B. is a leading media company in Mexico, primarily focusing on the production and distribution of television programming and broadcasting services. The company also operates in the telecommunications sector, offering cable and broadband services, and is known for its market presence in the Spanish-speaking world.
YTD Price Performance: 18.29%
Average Trading Volume: 1,943,611
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $971.6M
For a thorough assessment of TV stock, go to TipRanks’ Stock Analysis page.
