sector: Cyclical Consumer Goods & Services ·
industry: Broadcasting ·
As of
26 Nov 2009
7.39EUR
Gestevision Telecinco SA (Telecinco) is a Spanish company primarily engaged in television broadcasting. Its main activity is the acquisition, production and distribution of audiovisual content. Through its subsidiaries, it is also active in the production and executing of advertising projects and activities related to marketing, as well as in the Internet broadcasting. The Company is a parent of Grupo Telecinco, a group which comprises Publiespana SAU, Agencia de Television Latinoamericana de Servicios y Noticias Espana SAU, Premiere Megaplex SA, Grupo Editorial Tele 5 SAU, Telecinco Cinema SAU, Cinematext Media SA, Canal Factoria de Ficcion SAU, Conecta 5 Telecinco SAU, Mediacinco Cartera SL, and Telecinco Factoria de Produccion SL. On February 19, 2008, the Company acquired a 35.08% interest in interePegaso Television Inc, a broadcasting company with operations established in Miami, the United States. The Company’s majority shareholder is Grupo Mediaset, with 50.1% of its interests.
BRIEF: For the nine months ended 30 September 2009, Gestevision Telecinco SA's total revenue decreased 41% to EUR432.3M. Net income for the period decreased 68% to EUR74.1M. Total revenue reflects a decrease in sales of the Company's products and services. Net income for the period suffered from lower operating margins due to higher depreciation charges. Gestevision Telecinco is a Spain-based company engaged in television broadcasting.
Gestevision Telecinco, S.A.
Ctra. Fuencarral-Alcobendas, 4
Madrid MAD 28049
P: +34913.396783