Impresa - Sociedade Gestora de Participações Sociais, S.A. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017
July 26, 2017
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Impresa - Sociedade Gestora de Participações Sociais, S.A. reported consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, total revenue was EUR 53,903,566 against EUR 56,605,051 a year ago. EBITDA was EUR 6,796,855 against EUR 8,258,242 a year ago. EBITDA adjusted was EUR 8,134,098 against EUR 8,686,445 a year ago. EBIT was EUR 5,896,188 against EUR 7,403,477 a year ago. Net profits were EUR 2,844,755 against EUR 3,671,428 a year ago.
For the six months, total revenue was EUR 99,172,048 against EUR 104,517,246 a year ago. EBITDA was EUR 6,140,085 against EUR 8,471,396 a year ago. EBITDA Adjusted was EUR 7,739,045 against EUR 9,394,112 a year ago. EBIT was EUR 4,332,159 against EUR 6,739,670 a year ago. Net profits were EUR 85,603 against 1,226,643 a year ago. Results before income taxes were EUR 691,110 against EUR 2,352,765 a year ago.
Impresa, SGPS, S.A. is Portugal's leading communications group. Net sales break down by activity as follows:
- operation of TV channels (82.2%): 8 channels operated (SIC, SIC Internacional, SIC News, SIC Radical, SIC Mulher, SIC K, SIC Caras et Txillo) at the end of 2021. The group also offers an activity of streaming exclusive content by subscription (OPTO) and operation of a sports content portal (ADVNCE);
- publishing of newspapers and magazines (12.5%): weekly newspapers Expresso, Blitz, Boa Cama Boa Mesa, Tribuna, etc.;
- other (5.3%): primarily publishing and distribution of multimedia and digital content (operating primarily through the portals Olhares and InfoPortugal).
Net sales break down primarily by source of income into sales of advertising space (65.4%), sales of TV subscriptions (16.8%) and sales of newspapers and magazines, individually or by subscription (5.4%).
Portugal accounts for 95.9% of net sales.
Impresa - Sociedade Gestora de Participações Sociais, S.A. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017
IMPRESA, SGPS, S.A. 
