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General

Televisa Q1 sales up 2%, profit soars on currency gains

Thursday 27 April 2017 | 10:22 CET | News
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 22.2 billion in the first quarter, up 2.0 percent on the year-earlier result, driven by a 6.2 percent rise in cable revenues. The company's quarterly profit climbed by over 90 percent rise to MXN 1.87 billion in the January to March period due above all to foreign exchange gains and decreased financing expenses. Televisa's consolidated broadband revenue generating units (RGUs) were up 45,000 year on year to 3.38 million on 31 March, with voice RGUs remaining flat on 2.06 million and video customers falling by

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Categories: General
Companies: Televisa
Countries: Mexico
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+ 12.3%
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