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Rcs Mediagroup Earnings Release 2016

Mar 21, 2017

4500_rns_2017-03-21_6b68b0c9-1fb7-4e90-a156-d02a4af35add.pdf

Earnings Release

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Informazione
Regolamentata n.
0145-7-2017
Data/Ora Ricezione
21 Marzo 2017
09:34:17
MTA
Societa' : RCS MEDIAGROUP
Identificativo
Informazione
Regolamentata
: 86585
Nome utilizzatore : RCSMEDIAGROUPN01 - FERRARA
Tipologia : IRAG 10
Data/Ora Ricezione : 21 Marzo 2017 09:34:17
Data/Ora Inizio
Diffusione presunta
: 21 Marzo 2017 09:49:18
Oggetto : Press Release RCS MediaGroup
Testo del comunicato

Vedi allegato.

Press Release RCS MediaGroup

Milan, 21 March 2017 – In addition to the Company's announcement on 17 March 2017 and in relation to today's presentation for Borsa Italiana's Star Conference 2017, RCS MediaGroup has announced the following:

  • revenue from third party publishers for contracts terminated at the beginning of 2017 totalled approximately EUR 32 million in 2016;

  • the revenue expected for 2017 ranges from EUR 940 to 950 million, with growth equal to around 1% over the previous year (excluding the aforesaid revenue from the terminated contracts);

  • efficiency measures for 2017 are forecast to be between EUR 42 and 46 million; therefore, considering the announced efficiency measures acquired for 2016 for over EUR 71 million, the aggregate savings for the 2016-2017 two year period would be between EUR 113 and 117 million.

For additional information: RCS MediaGroup – Corporate Communications Maria Verdiana Tardi – +39 347 7017627 - [email protected] RCS MediaGroup - Investor Relations Paolo Gatti - +39 02 2584 4140 - [email protected] www.rcsmediagroup.it