MEXICO CITY, July 10, 2017 /PRNewswire/ -- Grupo Televisa,
S.A.B. (NYSE: TV; BMV: TLEVISA CPO; "Televisa" or the "Company"),
today announced results for the Second Quarter 2017. The results
have been prepared in accordance with International Financial
Reporting Standards ("IFRS").
Highlights
- Consolidated Net Sales and Operating Segment Income reached Ps.
23.2 billion and Ps. 9.4 billion, respectively
- Prime time ratings in our flagship Channel 2 grew 37%
during the second quarter 2017 when compared to fourth quarter
2016
- Cable resumed its growth in Revenue Generating Units adding 159
thousand during the quarter, and Operating Segment Income margin
reached 42.8%
- Sky reached an Operating Segment Income of Ps. 2.7 billion,
equivalent to a margin of 47.1%
For a full version of this release, please
visit
http://www.televisair.com/en/reports-and-filings/quarterly/2017
About Televisa
Televisa is a leading media company in the Spanish-speaking
world, an important cable operator in Mexico and an operator of a leading
direct-to-home satellite pay television system in Mexico. Televisa distributes the content it
produces through several broadcast channels in Mexico and in over 50 countries through 26
pay-tv brands, and television networks, cable operators and
over-the-top or "OTT" services. In the
United States, Televisa's audiovisual content is distributed
through Univision Communications Inc. ("Univision") the leading
media company serving the Hispanic market. Univision broadcasts
Televisa's audiovisual content through multiple platforms in
exchange for a royalty payment. In addition, Televisa has equity
and warrants which upon their exercise would represent
approximately 36% on a fully-diluted, as-converted basis of the
equity capital in Univision Holdings, Inc., the controlling company
of Univision. Televisa's cable business offers integrated services,
including video, high-speed data and voice services to residential
and commercial customers as well as managed services to domestic
and international carriers through five cable Multiple System
Operators in Mexico. Televisa owns
a majority interest in Sky, a leading direct-to-home satellite pay
television system in Mexico,
operating also in the Dominican
Republic and Central
America. Televisa also has interests in magazine publishing
and distribution, radio production and broadcasting, professional
sports and live entertainment, feature-film production and
distribution, and gaming.
Disclaimer
This press release contains forward-looking statements regarding
the Company's results and prospects. Actual results could differ
materially from these statements. The forward-looking statements in
this press release should be read in conjunction with the factors
described in "Item 3. Key Information – Forward-Looking Statements"
in the Company's Annual Report on Form 20-F, which, among others,
could cause actual results to differ materially from those
contained in forward-looking statements made in this press release
and in oral statements made by authorized officers of the Company.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates. The
Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Investor Relations:
Carlos Madrazo / Tel: (52 55)
5261-2445 / cmadrazov@televisa.com.mx
Santiago Casado / Tel: (52 55)
5261-2438 / scasado@televisa.com.mx
Media Relations:
Alejandro Olmos / Tel: (52 55)
5224-6420 / aolmosc@televisa.com.mx
María Eugenia Zurita / Tel: (52 55)
5224-6360 / mezurita@televisa.com.mx
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SOURCE Grupo Televisa, S.A.B.