Vocento, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
February 26, 2021 at 01:05 pm EST
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Vocento, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 339.327 million compared to EUR 393.576 million a year ago. Operating loss was EUR 18.341 million compared to operating Income of EUR 21.980 million a year ago. Net loss was EUR 21.753 million compared to net income of EUR 6.252 million a year ago.
Vocento SA is a Spain-based company engaged in the multimedia industry. The Company publishes, distributes and sells unit publications, periodic and non-periodic, about general information, culture, sports, arts and other related topics. It operates through four segments: Print Media, which provides printing and distribution services; Audiovisual, which is responsible for the broadcasting of television channels in the Spanish Digital Terrestrial Television (DTT) and one radio station, as well as the operation of five audiovisual production entities BocaBoca Producciones, Europroducciones, Hill Valley, Videomedia and Tripictures; Internet, which hosts with the coverage of news and events, as well as specific applications for smartphones and tablet computers; and Other Businesses, which is active in the printing, distribution and free press sectors. It operates through Foro de Debate.