Broadcaster CME expects 2014 OIBDA of $80-90 million

PRAGUE Wed May 7, 2014 8:50am EDT

PRAGUE May 7 (Reuters) - Broadcaster Central European Media Enterprises (CME) expects to post operating income before depreciation and amortisation (OIBDA) of $80-90 million in 2014 after a loss last year, it said in a presentation on its website.

The company, which owns television stations in central and eastern Europe, posted on OIBDA loss of $46.5 million in 2013.

The outlook is based on the assumption exchange rates remain constant, CME said. (Reporting by Jason Hovet; Editing by Erica Billingham)

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