Company Profile For Vocento SA

Vocento SA (VOC.MC) (Madrid SE C.A.T.S.)

sector: Cyclical Consumer Goods & Services · industry: Media Diversified ·

As of 26 Nov 2009

3.89EUR

Price Change

-0.29

Percent Change

-7.05%

Analyst Recommendations

Overview

Vocento SA is a Spain-based company that, along with its subsidiaries and affiliates, is involved in the media industry. The Company’s activities are structured in four lines: print media, providing printing and distribution services for 11 regional newspapers, one national newspaper, one free national press and other four supplements and magazines; audiovisual, comprising the broadcasting of six national television channels and one radio station, as well as the operation of six audiovisual production companies; Internet, hosting the content of the homepages for 13 news sites, four content portals and five classified sites, and others, including the activities of nine publishing companies and one company active in the promotion of social and cultural events.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Vocento SA's total revenue decreased 13% to EUR553.6M. Net income for the period decreased 36% to EUR47.2M. Total revenue reflects unfavorable market conditions as well as a decrease in demand for the Company's products and services. Net income for the period suffered from significantly lower gain on equity in affiliates and sale of assets as well as from higher staff costs.