Impresa SGPS, S.A. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016
July 26, 2016
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Impresa SGPS, S.A. reported consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, total revenue was EUR 56,605,051 against EUR 61,475,347 a year ago. EBITDA was EUR 8,258,242 against EUR 9,275,055 a year ago. EBIT was EUR 7,403,477 against EUR 8,298,412 a year ago. Net profits were EUR 3,671,428 against EUR 3,493,199 a year ago.
For the six months, total revenue was EUR 104,517,246 against EUR 111,489,814 a year ago. EBITDA was EUR 8,471,396 against EUR 10,258,613 a year ago. EBIT was EUR 6,739,670 against EUR 8,331,526 a year ago. Net profits were EUR 1,226,643 against EUR 672,596 a year ago. Results before income taxes were EUR 2,352,765 against EUR 1,345,672 a year ago. The 7.9% decrease in the total revenue of the IMPRESA Group was due to the revenue reduction in subscription, multimedia, in television, and circulation and advertising in the Publishing area.
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, SGPS, S.A. 
