Grupo Televisa SAB (NYSE:TV)
$ 2.465 0.005 (0.2%) Market Cap: 1.32 Bil Enterprise Value: 4.73 Bil PE Ratio: 0.14 PB Ratio: 0.23 GF Score: 67/100
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Q1 2019 Grupo Televisa SAB Earnings Call Transcript

Apr 30, 2019 / 03:00PM GMT
Release Date Price: $10.14 (-0.59%)
Operator

Good morning, everyone, and welcome to Grupo Televisa's First Quarter 2019 Conference Call.

Before we begin, I would like to draw your attention to the press release, which explains the use of forward-looking statements and applies to everything we discuss in today's call and in the earnings release.

I will now turn the call over to Mr. Alfonso de Angoitia, co-Chief Executive Officer of Grupo Televisa. Please go ahead, sir.

Alfonso de Angoitia Noriega
Grupo Televisa, S.A.B. - Co-CEO & Director

Thank you, Elsa. Good morning, everyone, and thanks for joining us today. With me are the heads of our 3 key business segments: Salvi Folch, CEO of Cable; Alex Penna, CEO of Sky; Patricio Wills, Head of Televisa Studios; and also Carlos Ferreiro and Antonio Lara, Corporate Vice Presidents of Finance and Administration, respectively.

Now starting with our financial results for the quarter. Consolidated revenues reached MXN 23.4 billion, representing a year-over-year growth of 2.6%. It was a challenging quarter in 2 of our 3 core businesses

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