Telecom Italia Media FY revenues stable at EUR 70.5 mln

Friday 20 February 2015 | 10:13 CET | News
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Telecom Italia Media posted a net loss of EUR 5.3 million in 2014, compared to EUR 132.0 million the previous year, above all due to discontinued operations associated with the sale of TV channels La 7 and MTV. Revenues in the period were slightly lower at EUR 70.5 million, compared to EUR 72.2 million in 2013, while EBITDA fell to EUR 25.4 million, 15.9 percent down from EUR 30.2 million the previous year. The company's net debt increased by EUR 9.5 million to EUR 269.4 million. The TI Media subsidiary was created in 2003 as a vehicle for Telecom Italia's media and internet assets. Shortly

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Categories: Broadcast & Satellite
Companies: Telecom Italia / Telecom Italia Media
Countries: Italy
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