2015-05-05 8:15 Author: (ISBnews) (TUL) Markus Tellenbach, CEO of TVN [Photo: TVN, press releases] 
TVN recorded 79.47 million zł consolidated net profit attributable to shareholders of the parent company in the first quarter of 2015 years to 11.14 million zł profit a year earlier. High profits confirm the findings’s audience, which in the most important group of viewers to advertisers reached the highest score in the market.
The company explains that this change is primarily due to the positive, mainly unrealized, exchange rate differences on bonds in the amount of 94 million zł this year, compared to foreign exchange losses of nearly 16 million zł in the previous year.
“In addition, the financial result improved as a result of the lack of the cost of buying bonds in the first quarter of this year (compared to 11 million zł these costs in the last year) and by reducing costs the percentage to 44 million zł in the first quarter of 2015. zł 48 million in the same period of 2014., through a successful, partial debt reduction carried out last year “- was indicated in the report.
Operating profit amounted to 41 , 73 million zł zł to 78.69 million profit a year earlier. Adjusted EBITDA (earnings before tax excluding the costs of depreciation and amortization) amounted to 92 million zł to 87 million zł year earlier.
Consolidated sales revenues reached 362.93 million zł in the first quarter of 2015 years to 350.44 million zł a year earlier.
| Annual TVN in years 2001-2014 |
| Source: Money.pl |
– TVN’s revenue in the first quarter, revenues and adjusted EBITDA in line with expectations. In the context of ongoing improvement in our business environment that is characterized by low inflation, declining unemployment and rising retail sales, we achieved better operating and financial results in all key areas of activity – our own television channels, services for external channels and online video offerings – said the president Markus Tellenbach, quoted in the release.
In terms of unconsolidated net profit during the first quarter of 2015 years amounted to 38,41 zł million zł to 34.85 million loss a year earlier.
TVN one of the leading media companies in Poland, offering free and paid lifestyle and entertainment television channels, including TVN, TVN Style, TTV, TVN Turbo, as well as leading all day news channel TVN24 and economic information channel TVN24 Business and the World. In 2014 years thanks to its offer of TVN gained the highest audience share in the Polish market at 22 percent. In mid-March. Scripps Networks Interactive has entered into an agreement to acquire 52.7 percent of the shares of ITI and TVN Canal + Group.
In the most important for advertisers TVN group achieved the highest score in the market, with a share of 14.5 percent-day audience. In the so-called. it was the peak time share of 16.9 percent.
The share of TVN’s target group of viewers aged 16-49 from large cities (100 thousand. + population) in prime time television viewing in hours 18: 00-23: 00 (peak time) was 16.9 percent in April, the company said based on data from Nielsen Audience Measurement. The day basis in this group of spectators station also achieved the highest score in the market, with a share of 14.5 percent.
“In the commercial target group of viewers from large cities with high incomes TVN was also most widely watched television in Poland with 17.3 percent share in peak time and 14.9 per cent in day basis “- are also given.
TVN also reported that occupies a leading position on the Polish television market in the two above-mentioned groups since the beginning of the spring season on TV (March-April 2015.). Given the results for the past 2 months, participation in the group TVN viewers from big cities (16-49, City 100 thousand. +) Was 17, 7 per cent in peak time and 15.5 percent of the clock, and the commercial target group of viewers from large cities with high incomes reached 18.3 percent in peak time and 15.9 per cent in day basis.
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