Telecom Italia Media: Board of Directors Approves Group Interim Financial Report at 30 September 2011

10/28/2011 - 03:24 PM

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PRESS RELEASE

This press release contains a number of alternative performance indicators not contemplated under IFRS (EBITDA, Net Financial Debt). Definitions of these terms are provided in the attachment.

Telecom Italia Media: Board of Directors Approves Group Interim Financial Report at 30 September 2011

Continues the trend of reduction of losses and improvement in margins of TI Media-La7

REVENUES: 169.6 million euro; -4.4% compared to the first nine months of 2010 (177.4 million euro)

EBITDA: 27.0 million euro; +16.8 million euro compared to the first nine months of 2010 (10.2 million euro) COMPARABLE EBITDA: 6.5 million euro; -3.7 million euro compared to the first nine months of 2010

EBIT: -16.4 million euro; +18.3 million euro compared to the first nine months of 2010 (-34.7 million euro) COMPARABLE EBIT: -36.9 million euro; -2.2 million euro compared to the first nine months of 2010

NET INCOME: -14.7 million euro; +18.5 million euro compared to the first nine months of 2010 (-33.2 million euro)

NET FINANCIAL DEBT: 133.5 million euro; +18.0 million euro compared to the end of 2010 (115.5 million euro); -11.1 million euro compared to first half 2011 (144.6 million euro)

Continues the significant growth of advertising revenues for the La7 channels (+36.3%); La7 reached an average daily audience share of 3.73% (+25.6%) and 4.15% in prime time (+45%)

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