Impresa - Sociedade Gestora de Participações Sociais, S.A. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016
March 01, 2017
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Impresa - Sociedade Gestora de Participações Sociais, S.A. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported total revenues of EUR 56,171,417 against EUR 66,463,033 a year ago. Total EBITDA was EUR 6,788,436 against EUR 8,305,816 a year ago. EBIT was EUR 5,894,806 against EUR 7,361,575 a year ago. Results before taxes and minorities were EUR 4,584,157 against EUR 4,560,667 a year ago. Net profit was EUR 3,345,538 against EUR 2,938,418 a year ago.
For the full year, the company reported total revenues of EUR 205,997,090 against EUR 230,922,406 a year ago. Total EBITDA was EUR 15,525,898 against EUR 22,544,641 a year ago. EBIT was EUR 12,024,653 against EUR 18,699,636 a year ago. Results before taxes and minorities were EUR 4,692,174 against EUR 6,714,562 a year ago. Net profit was EUR 2,759,895 against EUR 4,027,659 a year ago. Net debt and leasing was EUR 183.2 million against EUR 178.8 million 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 Fourth Quarter and Full Year Ended December 31, 2016
IMPRESA, SGPS, S.A. 
