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Televisa sales up 4% in Q1, profit plunges on forex effects

Tuesday 1 May 2018 | 10:39 CET | News
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 22.8 billion in the first quarter of 2018, up 3.9 percent on the year-earlier result, above all due to improved content and advertising sales and an uptick in cable. Sales in the company's Content area were up 8.3 percent year on year to MXN 7.9 billlon, including a 3.5 percent rise in advertising sales to MXN 4.3 billion thanks to a new sales mechanism that contributed to a better inventory utilisation and a healthy level of advertising spending across Televisa's client base. Revenue from network

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