Impresa-Sociedade Gestora De Participações Sociais, S.A. Reports Consolidated Earnings Results for the Third Quarter Ended September 30, 2016
October 24, 2016
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Impresa-Sociedade Gestora De Participações Sociais, S.A. reported consolidated earnings results for the third quarter ended September 30, 2016. For the period, the company reported total revenues of €149,825,673 against €164,459,373 a year ago. Total EBITDA was €8,737,462 against €14,238,825 a year ago. Res. bef.Taxes & Minorities was €108,284 against €2,153,895 a year ago. Net loss was €585,378 against profit of €1,089,241 a year ago. Net income in the third quarter of 2016 was negative by 1.8 million, against 0.42 million positive registered in the same period of the previous year. Operating results was €6,129,847 against €11,338,061 a year ago. Results before taxes were €108,282 against €2,153,895 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, SGPS, S.A. 
