Press Releases tags: News

• Revenue rose 6% and EBITDA grew 9% at constant exchange rates, excluding extraordinary items.
• Santillana reaches 3.4 million subscriptions, with improved margins.
• PRISA Media posts advertising growth and EL PAÍS consolidates its paywall model with over 426,000 subscribers.
• Free cash flow (FCF) increases by 31%, with the Group maintaining a strong liquidity position of €192 million.
• A refinancing agreement was successfully completed in the second quarter, further reinforcing the Group’s financial stability.

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• Joseph Oughourlian: “My focus as Chair is stability, business performance, and, as I never tire of repeating, the integrity of this company,”
• Pilar Gil: “Financial stability is a superpower. We now have the solid foundation we need to move forward and continue growing.”
• Paco Cuadrado: “We see tremendous potential in integrating AI into our educational ecosystem.”

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• Revenues rose by 2% and EBITDA by 5%, excluding extraordinary and temporary effects impacting quarterly comparisons.
• Santillana reached 3.2 million subscriptions, achieving margin expansion and robust growth in countries in the Southern Region Campaign across Latin America.
• At Prisa Media, advertising revenue advanced by 4%, and El País surpassed 414,000 total subscribers, reinforcing the success of its paywall model.
• PRISA generated 41% more free cash flow (FCF) and completed a €40 million capital increase.
• PRISA secured a strategic refinancing agreement, pending formalization, that will enhance financial stability and enable the Group to focus on business development.

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• PRISA has surpassed its market commitments for the 2024 fiscal year.
• The Group’s businesses saw strong growth: learning systems surpassed three million subscriptions, while EL PAÍS exceeded 400,000 subscribers.
• Operating cash flow generation rose by 6%, while net debt decreased by 10%, bringing the net debt/EBITDA ratio to 3.97x, its lowest level in 20 years.
• The Group maintained a strong liquidity position, reaching €223 million.
• Financial results improved by 17%.

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• Both the media and education businesses enjoyed solid growth. The Group's revenues improved by 16% between January and September
• Debt is down by 55 million since December 2022

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