In the first nine months of 2024, Atresmedia achieved a net profit of 713.2 million euros, which represents an increase of 7% compared to the previous year. The Gross Operating Profit (EBITDA) amounted to 116 million euros, an improvement of 5.7 million euros compared to 2023. For its part, the Net Profit increases by 8.2% in the period up to 77.4 million euros.
THE Total advertising investment increases by 5.5%. Television media grew by 4% and radio media by 4.9%, in both cases including their digital markets. The Audiovisual activity achieved a net result of 662.3 million euros compared to 618.9 million euros obtained over the first nine months of 2023, which represents an increase of 7%.
The group’s financial situation is positive and amounts to 145.1 million euros at the end of September, an improvement of 122 million compared to the end of the 2023 financial year.
Furthermore, net advertising revenues in Audiovisual Content increased by 5.2%, reaching 560.9 million euros over the period. This revenue includes all advertising revenue from the marketing of spaces on the media in which the Group operates (linear TV, connected TV, Atresplayer, digital channels, influencer marketing, own websites and third-party editorial media).
Eight consecutive quarters of leadership
Atresmédia rbetween January and September 2024, it records a share of 26.4% and accumulates eight consecutive quarters of leadership. It exceeds Mediaset by 1.3 points despite one fewer channel and increases the advantage over its main competitor.
It closed the third quarter of the year as leader with 25%, 0.8 points behind Mediaset and more than seven points behind TVE, despite the broadcast of the Euro and the Olympic Games. Atresmedia has had 17 consecutive months of leadership.
He’s staying also leader in prime time with 25.9% so far this year, (+1.4 compared to Mediaset). In the third quarter, it accumulates 24% and has been the first option for 12 consecutive quarters.
The group owns the leader in television content. A3 Noticias 1 (21.6% and 2,052,000 viewers) is the most watched news program and A3 Noticias 2 (17.1% and 1,866,000 viewers) is the leader in prime time news . El Hormiguero (15.2% and 2,007,000) and Pasapalabra (18.0% and 1,642,000) are leaders in daily entertainment. Since February, Sueños de Libertad (13.2% and 1,219,000) has been the leading daily fiction offering since its creation.
laSexta (6.2%) remains immovable as third most viewed private channel. Once again, he surpasses Cuatro (5.3%), which he has won for the last 39 consecutive months. It also leads Target Comercial (7.1%) over Cuatro with a one point lead.
The newscasts are among the most watched on the network. laSexta Noticias 14H (9.6%) achieves its best data of the year in September and laSexta Noticias 20H (7.8%) starts the season with its best data in almost a year and four points behind Noticias Cuatro (3 .8%). In the morning, Aruser@s remains unbeatable (17.1%) and Al Rojo Vivo reaches 10.4%.
In the Digital sector, Atresmedia remains, as of September 2024,or leading audiovisual group on the internet. This year it reached an average of 23.9 million unique visitors and reached fifth place in the ranking of the most visited sites in Spain.
The Group’s online video platform, Atresplayer, accumulates, according to comsCore data, an average of three million unique visitors, i.e. 26% more than its direct rival and 60% more than the public channel’s platform. In September, it reached a consumption of 20 million hours of video (28% more than the same period of the previous year) and 16.6 million registered users.
The income of content production and distribution reaching 67.5 million euros compared to the 58.8 million euros accumulated in September of the previous year, an increase of 14.8% explained mainly by international content sales, B2C and B2B revenues from the Atresplayer SVOD platform and the Cinema activity.
Atresmedia Cine’s films in operation during the first nine months of the year represent 53% of Spanish cinema revenues, six of which rank among the ten most profitable Spanish films of the year.
Atresplayer Premium continues ctake the steps in your growth planconstantly increasing in the number of subscribers and in revenue thanks to an ever-broader range of content which makes it possible to retain and acquire subscribers in all the different packages and commercial offers available (premium national package: 4.99 eur/ month, 49.99 eur/year, national premium family package: 7.99 eur/month, 79.99 eur/year, unpublished and international novels).
Fever Labs, one of the most important financial investments
Atresmedia formalizes several operations sell approximately 2.7% of the capital of Fever Labs for an amount of 59 million euros. This is one of the company’s largest investments. At the end of September, part of the sale of Fever Labs worth 41 million euros had been finalized, which brought the company a capital gain of 35 million euros.
In the coming days it is planned close the last of the sales transactions for an amount of 18 million euros, with a capital gain of 15 million euros.
Thus, all of the disposal operations, which will result in a return on investment close to x7 times the investment, will provide the company with an income of 59 million euros and a capital gain of 50 million euros. .
After these operations, Atresmedia’s participation in Fever Labs will remain above 5%considered as fully diluted capital.
