Company Profile For Central European Media Enterprises Ltd.

Central European Media Enterprises Ltd. (CETVsp.PR) (Prague Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Broadcasting ·

As of 3:07pm IST

475.00CZK

Price Change

+4.50

Percent Change

+0.96%

Analyst Recommendations

Overview

Central European Media Enterprises Ltd (CME) invests in, develops and operates commercial television channels in Central and Eastern Europe. At present, the Company has operations in Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic, Slovenia and Ukraine. The Company holds its assets through a series of Dutch and Netherlands Antilles holding companies. It has ownership interests in license companies and operating companies in each market in which it operates. Operations are conducted either by the license companies themselves or by separate operating companies. The Company generates revenues primarily through entering into agreements with advertisers, advertising agencies and sponsors to place advertising on air of the television channels that it operates.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Central European Media Enterprises Ltd's revenues decreased 37% to $461.9M. Net loss from Continuing Operations totaled $41.6M, vs. an income of $61.1M. Revenues reflect a decrease in income from Czech Republic, lower revenue from Romania and decreased revenue from Slovenia. Net loss reflects a decrease in interest income, higher interest expenses and lower other income.