CME 9 Mo Revenues In Romania Up 44.9% On Yr, To $197.1M

Revenues obtained by Central European Media Enterprises (CME) in Romania increased 44.9% in the first nine months of the year, to $197.1 million, while the group’s earnings before interest, tax, depreciation and amortization (EBITDA) increased 43.1%, to $81.78 million.

In the third quarter of the year, CME’s revenues in Romania increased 33.7%, to $59.28 million, while EBITDA was up 3.2%, to $20.116 million, the group said in a press release.

In Romania, CME owns television stations Pro TV, Pro Cinema, Acasa, Pro TV International, Sport.ro and MTV Romania.

The group’s net consolidated revenues rose 35% in the first nine months, to $729.9 million, while operating income increased 37.4%,to $148.8 million.

CME’s consolidated net profit was up more than four times to $67.7 million in the first nine months of the year, from $15.6 million in the same period last year.

In the third quarter of the year, CME had consolidated revenues of $201 million, up 15% on the year, and an operating income of $6.1 million.