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PRISA cuts debt by 10% in the past year as businesses show sustained solid performance
29-10-2024
- Cash generation is up 4% compared to September 2023, and net debt has fallen 89 million in the past year
- Subscription models continue to drive growth and digital transformation: Santillana reports three million subscriptions, up 5% compared to the same period in 2023, and EL PAÍS exceeds 388,600 subscribers, up 18%
- Businesses continue to perform well and in line with expectations
Harvard professors Steven Pinker and Daniel Ziblatt and Sergey Paltsev, Director of MIT's Science and Policy of Global Change Program, are set to participate at the 'World in Progress Barcelona' Forum
02-10-2024
- The inaugural edition of this conference will be held on October 14 and 15 at the CaixaForum in Barcelona
- Participants will include economist Mariana Mazzucato, columnist Anne Applebaum, author Javier Cercas, and philosopher Daniel Innerarity
- Spain’s Prime Minister, Pedro Sánchez, will inaugurate the forum, which will also feature former Italian Prime Ministers Matteo Renzi and Enrico Letta, former Colombian President Juan Manuel Santos, President of the Hauts-de-France region Xavier Bertrand, former Foreign Ministers of Spain and Israel José Manuel García Margallo and Shlomo Ben Ami, and former U.S. Ambassador to Spain, Julissa Reynoso
PRISA further bolsters cross-corporate management by signing Jesús Torres as Director of People and Talent.
16-09-2024
- He joins the senior management team, reporting to the group's Deputy Chairperson and CFO, Pilar Gil.
PRISA reports higher EBITDA and revenues and lower debt in first-half results
30-07-2024
- Revenues grew by 3%, EBITDA by 20% and net income improved by 33%, excluding extraordinary items that preclude comparison with the first half of 2023.
- Santillana's subscriptions approached three million, up 8% in the first half of the year, while EL PAÍS surpassed 378,000 subscribers, up 23%.
- Net debt has been slashed by 56 million euros since December 2023 and Junior debt, the most expensive tranche, has been cut by almost 150 million euros since 2022.
PRISA shareholders back Board’s performance, with 99.99 percent approving company direction at AGM
26-06-2024
- Margarita Garijo and Sylvia Bigio are ratified as independent and proprietary Board members, respectively
- Carlos Núñez, Carmen Fernández de Alarcón, María José Marín and Javier Santiso, are re-elected as Board members
PRISA's EBITDA climbs to EUR 67 million while net income sees first-quarter growth of 267%
30-04-2024
- Excluding the impact of extraordinary items in Q1, revenues grew +1% and EBITDA +11%
- Santillana's subscriptions approached three million, while EL PAÍS surpassed 366,000 subscribers
- Debt has fallen by EUR 35 million since December 2023
- The 100-million-euro convertible notes issue was oversubscribed, whose impact on debt reduction will be seen in the next quarter
- Moody's and S&P upgrade PRISA's rating, recognizing the company's solid performance and debt reduction
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