0
Video

Televisa sales up 6.6% in Q3, profit plummets 80%

Friday 28 October 2016 | 09:08 CET | News
Mexican broadcaster and cable operator Grupo Televisa reported revenues of MXN 23.7 billion in the third quarter, up 6.6 percent on the year-earlier result of MXN 22.3 billion, driven by an 11.8 percent rise in cable revenues. Operating segment income increased by 4.1 percent to MXN 9.8 billion with a margin of 40.6 percent. However, the company's profit plummeted 79.7 percent rise to MXN 1.4 billion in the July-September period due to higher costs in its content division and an extraordinary gain in the year earlier period.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite / Fixed
Companies: Sky / Telecable / Televisa
Countries: Mexico
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

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

Published 27 Apr 2017 10:22 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 22.2 billion in the first quarter, up 2.0 ...

Televisa sales up 8.6% in Q4, profit down 59%

Published 07 Mar 2017 11:16 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 27.3 billion in the fourth quarter, up 8.6 ...

Mexico's Amedi calls for strong measures against Televisa

Published 07 Mar 2017 10:52 CET | Mexico
The Mexican association for the right to information Amedi has called on communications regulator IFT to take efficient and ...

Televisa to appeal against IFT's dominant player declaration

Published 03 Mar 2017 11:20 CET | Mexico
Mexican broadcaster Grupo Televisa has pledged to appeal against a ruling by telecom regulator IFT that it has substantial power ...

Mexico's Televisa allowed to up Univision stake to 49%

Published 05 Jan 2017 10:27 CET | United States
The US Federal Communications Commission has approved a petition from Mexican media conglomerate Grupo Televisa to increase its ...

Televisa profit up 6.6% to MXN 1.4 bln in Q2

Published 07 Jul 2016 13:59 CET | Mexico
Mexican broadcaster Grupo Televisa reported revenues of MXN 23.5 billion in the second quarter, up 12.1 percent on the ...

Televisa to take legal action against fraud allegations

Published 09 May 2016 08:49 CET | Mexico
Mexico's Grupo Televisa, the country's leading TV broadcaster, has pledged to take legal action against those responsible for ...

Televisa net sales up 9.5% to MXN 22 bln in Q1

Published 29 Apr 2016 09:34 CET | Mexico
Mexico's Grupo Televisa reported net sales of MXN 21.7 billion in the first quarter, up 9.5 percent on the year-earlier result of ...

Televisa to remove its content on Netflix in favour of Blim

Published 13 Mar 2016 21:24 CET | Mexico
Mexican broadcaster Televisa will remove its contents from Netflix during the last quarter of 2016 in order to provide exclusive ...

Televisa sees 9.9% growth of Q4 net sales to MXN 88 billion

Published 29 Feb 2016 10:01 CET | Brazil
Mexico's Televisa ended 2015 with consolidated net sales of MXN 88 billion, up 9.9 percent on 2014. This increase was ...

Televisa Group net revenues lift 12.2% to MXN 22.2 bln

Published 23 Oct 2015 17:58 CET | Mexico
Mexico's Televisa Group ended the third quarter with net revenues of MXN 22.2 billion, up 12.2 percent from the 19.8 billion ...