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CORRECTED - CME's 9-mo cons net loss shrinks 32% – table

Author Nina Byalkova
CORRECTED - CME's 9-mo cons net loss shrinks 32% – table Author: Ken Teegardin. Licence: Creative Commons.

BUCHAREST (Romania), October 28 (SeeNews) – In BUCHAREST story "CME's 9-mo cons net loss shrinks 32%," please read in the second paragraph: The company's January-September net revenues increased (not "fell") 11.7% at constant rates to $410.3 million, it said in a consolidated financial statement.

Please read in the third paragraph: CME's operating income was $48.1 million, compared to operating loss of $18,000 (not "$18 million") for the first nine months of 2014. 

A corrected version of the story follows.

International broadcaster Central European Media Enterprises (CME), which has operations in several Southeast European countries, said on Tuesday its consolidated net loss shrank 32% to $104.3 million (94.3 million euro) in the first nine months of the year.

The company's January-September net revenues increased 11.7% at constant rates to $410.3 million, it said in a consolidated financial statement.

CME's operating income was $48.1 million, compared to operating loss of $18,000 for the first nine months of 2014. 

The company operates in Bulgaria, Croatia, the Czech Republic, Romania, Slovakia and Slovenia.

Details about CME's revenue and OIBDA follow, year-ago figure in brackets (in millions of U.S. dollars):

Country 9-mo net revenue 9-mo OIBDA
Bulgaria 50.88 (60.90) 8.47 (5.05)
Croatia 38.18 (43.88) 5.93 (4.98)
Romania 109.56 (123.47) 25.73 (20.99)
Slovenia 35.15 (41.44) -233 (-234)
Czech Republic 122.7 (136.4) 43.81 (33.11)
Slovak Republic 55 (60.04) 3.84 (-2.17)

In Southeast Europe, CME's portfolio comprises TV channels bTV, bTV Cinema, bTV Comedy, bTV Action, bTV Lady and Ring.bg in Bulgaria, Nova TV, Doma, Nova World and MiniTV in Croatia, PRO TV, PRO TV International, Acasa, Acasa Gold, PRO Cinema, Sport.ro, MTV Romania in Romania, PRO TV Chisinau and Acasa in Moldova, and POP TV, Kanal A, Brio, Oto and Kino in Slovenia.

($=0.9039 euro)

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