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Televisa sales up 3% in Q3, profit down 23% on higher costs

Monday 28 October 2019 | 14:35 CET | News
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 25.8 billion in the third quarter of 2019, up 3.0 percent on the year-earlier result thanks mainly to revenue growth in the cable segment. However, the company's net profit attributable to shareholders fell by 22.8 percent to MXN 755.2 million in the July to September period, reflecting higher financial expenses and an increase in amortisation costs, among other factors.

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Categories: Broadcast & Satellite
Companies: Sky Mexico / Televisa
Countries: Mexico
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