Impresa-Sociedade Gestora De Participações Sociais, S.A. reported consolidated earnings results for the third quarter ended September 30, 2015. In the third quarter of 2015, IMPRESA achieved a positive consolidated net income of 416,645, in comparison to the negative net income of 384,743 registered in the same period of the previous year. At the end of September 2015, profits reached 1.1 million, in comparison to 5.6 million recorded in the same period of 2014.
In the third quarter of 2015, EBITDA came to 4.0 million, in comparison to 3.4 million registered in the third quarter of 2014, i.e. an increase of 16.3%. In the third quarter of 2015, IMPRESA revenues decrease only 0.9%, reaching 53.0 million, impacted by the decline in circulation revenues and other revenues, which was not offset by the increase in advertising revenues - which rose by 1.5%, and channel subscriptions (+12.4%). Operating results was 11,338,061 against 16,909,264 a year ago.