StockNews.AI
CVHSY
StockNews.AI
99 days

Cablevisión Holding Announces its First Quarter 2025 Results

1. CVH reported Q1 2025 revenues of Ps. 1,363,353 million, up 27.8%. 2. EBITDA surged 39.2% to Ps. 448,589 million, improving EBITDA margin to 32.9%. 3. Acquisition of TMA boosted revenues and EBITDA linked to higher service prices. 4. Consolidated net income attributable to equity shareholders fell 93% to Ps. 28,371 million. 5. Financial results reflect significant operational changes and inflation adjustments.

7m saved
Insight
Article

FAQ

Why Bullish?

The strong revenue growth and increased EBITDA demonstrate solid operational performance, hinting at potential future gains, akin to previous successful quarters following acquisitions in the telecommunications sector.

How important is it?

The substantial revenue and EBITDA increases could attract investor interest, affecting CVHSY positively, although steep losses in net income warrant caution.

Why Short Term?

The immediate effects observed in Q1 2025 may drive investor sentiment swiftly, leveraging the acquisition's momentum, similar to past quarterly report boosts seen after significant acquisitions.

Related Companies

TEOTECO2AMX
CablevisiónV Holding S.A., ("Cablevision Holding"), ("CVH" or "the Company") - (BCBA:CVH)(Level 1:CVHSY), controlling shareholder of Telecom Argentina S.A. (NYSE:TEO)(BCBA:TECO2), announced today its First Quarter 2025 Results. Figures have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in constant Argentine Pesos ("Ps." or "P$") as of March 31, 2025, unless otherwise indicated.The Company's Management has applied IAS 29 (inflation adjustment) in the preparation of these financial statements, following the provisions of Resolution 777/18, issued by the Comisión Nacional de Valores ("CNV").CVH Highlights (1Q25 vs. 1Q24):This quarter includes results of Telefónica Móvil Argentina ('TMA'), which was acquired by Telecom Argentina on February 24, 2025, hence, the results for the 1Q25 aren't comparable to the results of 1Q24 as they include results of TMA from March 1 st 2025.Total Revenues reached Ps. 1,363,353 million, an increase of 27.8% in real terms as of 1Q25, compared to the same period of 2024, mostly driven by the incorporation of revenue from TMA and by higher ARPUs in real terms in all of the services, in part the effect of price increases carried implemented in 2024 and the decrease in inflation rate; partially offset by a decrease in fixed telephony copper accesses.Total Costs (Excluding Depreciation and Amortization) reached Ps. 914,764 million, an increase of 22.9% in constant currency, mainly driven by higher costs on all items, except for bad debt, driven by the incorporation of TMA. Excluding this effect, total costs reached Ps. 751,837 million, an increase of 1.0% compared to 1Q24.EBITDA reached Ps. 448,589 million as of 1Q25, an increase of 39.2% in real terms compared to 1Q24, mainly driven by the incorporation of TMA's EBITDA, and by higher revenues (excluding TMA)1Q24,resulting in a higher EBITDA Margin of 32.9% in 1Q25, compared to 30.2% in 1Q24.Consolidated Net Income amounted to Ps. 86,768 million. Consolidated net income attributable to the Controlling Company amounted to Ps. 28,371 million.FINANCIAL HIGHLIGHTS(millions of Ps. in constant Currency as of March 31, 2025)1Q251Q24% Ch.4Q24QoQTotal Revenues1,363,3531,066,43027.8%1,146,78618.9%EBITDA (1)448,589322,33639.2%292,19453.5%EBITDA Margin (2)32.9%30.2%8.9%25.5%29.1%Net income86,7681,050,732(91.7%)1,4595848.0%Attributable to:Equity Shareholders28,371407,815(93.0%)(4,558)(722.5%)Non-Controlling Interests58,397642,917(90.9%)6,017870.6%(1) EBITDA is defined as Total Revenues minus operating cost and expenses (excluding depreciation and amortization). We believe that EBITDA is a meaningful measure of our performance. It is commonly used to analyze and compare media companies based on operating performance, leverage and liquidity. Nonetheless, EBITDA is not a measure of net income or cash flow from operations and should not be considered as an alternative to net income, an indication of our financial performance, an alternative to cash flow from operating activities or a measure of liquidity. Other companies may compute EBITDA in a different manner; therefore, EBITDA as reported by other companies may not be comparable to EBITDA as we report it.(2 ) EBITDA Margin is defined as EBITDA over Total Revenues .CONFERENCE CALL AND WEBCAST INFORMATIONCABLEVISIÓN HOLDING S.A(BCBA:CVH) / (OTC PINK:CVHSY)cordially invites you to participate in its Webcast Presentationto discuss the First Quarter 2025 ResultsDate: Wednesday, May 14, 2025Time: 12:00pm Buenos Aires Time/11:00am New York Time/4:00pm LondonTo access the live stream and slide presentation, visit: https://event.choruscall.com/mediaframe/webcast.html?webcastid=5xXCbiL0The webcast presentation will also be available at: https://www.cablevisionholding.com/InvestorsABOUT THE COMPANYCVH was founded as corporate spin-off from Grupo Clarín S.A. and it is the first Argentine holding company that engages in the development of infrastructure and the provision of convergent telecommunications services, focusing on Argentina and the region. CVH's subsidiaries specialize in the provision of cable TV, broadband and mobile communications services; and their brands are well known in the telecommunications and content distribution industries.DisclaimerSome of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of CVH. You can identify forward-looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could", "may" or "might" the negative of such terms or other similar expressions. These statements are only predictions and actual events or results may differ materially. CVH does not intend to or undertake any obligation to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in CVH's projections or forward-looking statements, including, among others, general economic conditions, CVH's competitive environment, risks associated with operating in Argentina a, rapid technological and market change, and other factors specifically related to CVH and its operations.Investor Relations ContactsIn Buenos Aires:In New York:Cablevisión Holding S.A.Fig Corporate CommunicationsSamantha Olivieri, Head of Investor RelationsCamilla Ferreira and Marcella Ewerton DragoneEmail: [email protected]Email: [email protected]Tel: (+54 11) 4309 - 3417Tel: +1 917 691-4047www.cvh.com.arSOURCE: Cablevision Holding S.A.

Related News