BUCHAREST (Romania), October 31 (SeeNews) – International broadcaster Central European Media Enterprises (CME), which has operations in several southeast European countries, said its consolidated net loss increased to $173.3 million (126.5 million euro) in the first nine months of 2013 from $43.3 million a year earlier.
The company's net revenues fell to $453.1 million in the January-September period from $518.7 million a year ago, it said in a consolidated financial statement posted on its website on Wednesday.
CME's operating loss widened to $85.6 million from $5.1 million in the first nine months of 2012.
The company operates in Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.
Details about CME's revenue and operating income before depreciation and amortization (OIBDA) in Bulgaria, Croatia, Romania and Slovenia follow, year-ago figure in brackets (in millions of U.S. dollars):
Country |
9-mo'13 net revenue |
9-mo'13 OIBDA |
Bulgaria |
58.59 (57.41) |
3.1 (2.65) |
Croatia |
40.83 (39.56) |
3.58 (6.24) |
Romania |
141.83 (134.97) |
5.2 (14.5) |
Slovenia |
43.41 (46.44) |
2.07 (7.25) |
($ = 0.7297 euro)