Grupo Media Capital, Sgps, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
May 13, 2021 at 02:43 pm EDT
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Grupo Media Capital, SGPS, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was EUR 137.611 million compared to EUR 165.120 million a year ago. Operating loss was EUR 9.198 million compared to EUR 50.099 million a year ago. Net loss was EUR 11.096 million compared to EUR 54.729 million a year ago. Basic loss per share from continuing operations was EUR 0.1313 compared to EUR 0.6476 a year ago.
Grupo Média Capital, SGPS, S.A. is one the leading Portuguese media groups. Net sales (excluding businesses in the process of being sold) break down by activity as follows:
- operation of a TV channel (56.5%): operation of the general-interest TVI channel;
- production of televised programs (16.7%; NBP; No. 1 in Portugal): series, soap operas and movies;
- other (26.8%): operation of Internet portals, publishing of music CDs and DVDs, event organization, distribution of films in theaters, DVD distribution, sales of audiovisual rights, etc.
Net sales (excluding businesses in the process of being sold) break down by source of income between sales of advertising space (53.9%), and other (46.1%).