Atresmedia Corporacion de Medios de Comunicacion SA
MAD:A3M
Atresmedia Corporacion de Medios de Comunicacion SA
Atresmedia Corporacion de Medios de Comunicacion SA, commonly known as Atresmedia, is a prominent Spanish media group that has carved out a significant presence in the world of television, radio, and digital content. Headquartered in Madrid, the company operates under two major segments: television and radio. Its television division boasts a rich portfolio of channels, including Antena 3 and La Sexta, which are among the most-watched in Spain. By offering a blend of entertainment, news, and reality programming, Atresmedia captivates diverse audiences. With its strategic deployment of advertising as the core revenue stream, the company skillfully leverages its broad viewer base to attract advertisers seeking a wide reach into Spanish households.
Beyond traditional broadcasting, Atresmedia has adeptly embraced the digital era, expanding its horizons through online streaming platforms and multimedia ventures. Its digital segment extends the reach of its content to the internet-savvy audiences, capitalizing on the growing trend of on-demand viewing. The company’s online streaming service, Atresplayer, offers premium content and subscription services, further diversifying its revenue sources. Additionally, by tapping into radio waves through popular stations like Onda Cero, Atresmedia consolidates its stance as a multi-faceted media giant. The convergence of traditional and digital media ensures Atresmedia remains resilient and adaptive in the ever-evolving media landscape.
Atresmedia Corporacion de Medios de Comunicacion SA, commonly known as Atresmedia, is a prominent Spanish media group that has carved out a significant presence in the world of television, radio, and digital content. Headquartered in Madrid, the company operates under two major segments: television and radio. Its television division boasts a rich portfolio of channels, including Antena 3 and La Sexta, which are among the most-watched in Spain. By offering a blend of entertainment, news, and reality programming, Atresmedia captivates diverse audiences. With its strategic deployment of advertising as the core revenue stream, the company skillfully leverages its broad viewer base to attract advertisers seeking a wide reach into Spanish households.
Beyond traditional broadcasting, Atresmedia has adeptly embraced the digital era, expanding its horizons through online streaming platforms and multimedia ventures. Its digital segment extends the reach of its content to the internet-savvy audiences, capitalizing on the growing trend of on-demand viewing. The company’s online streaming service, Atresplayer, offers premium content and subscription services, further diversifying its revenue sources. Additionally, by tapping into radio waves through popular stations like Onda Cero, Atresmedia consolidates its stance as a multi-faceted media giant. The convergence of traditional and digital media ensures Atresmedia remains resilient and adaptive in the ever-evolving media landscape.
Strong Profit Growth: Net profit doubled to EUR 80 million for the first nine months, versus EUR 40 million in 2020.
Revenue Up: Total revenue reached EUR 665 million, up 0.6% year-on-year, with audiovisual and digital units performing well.
Advertising Rebound: TV advertising revenue rose 15.5% to EUR 500 million, and digital advertising surged 48.6% to EUR 45 million.
Margin Expansion: EBITDA margin reached 18%, above 2019 levels, with EBITDA up 64.4% to EUR 120 million.
Debt Down: Net debt was cut sharply to EUR 11 million from EUR 117 million at year-end; expected to be around EUR 100 million after dividend payments by year-end.
Auto Sector Weakness: Automotive advertising fell roughly 30% in Q3 and is expected to remain very weak through year-end due to supply chain issues.
Guidance Maintained: Management sticks to guidance for full-year market growth of 8–9%, with TV, radio and digital expected to outperform the market.
