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Central European Media Enterprises Ltd (CETV.O)

CETV.O on Nasdaq

2.35USD
26 Aug 2016
Change (% chg)

$-0.05 (-2.08%)
Prev Close
$2.40
Open
$2.42
Day's High
$2.44
Day's Low
$2.34
Volume
70,212
Avg. Vol
184,925
52-wk High
$2.96
52-wk Low
$1.92

Latest Key Developments (Source: Significant Developments)

Broadcaster CME sees Czech market revenue picking up
Tuesday, 26 Jul 2016 09:19am EDT 

Central European Media Enterprises Ltd : Co-CEO Christoph Mainusch says expects revenue in Czech market for full year to grow faster than 1 percent seen in H1, already seeing good signs of this in July and August . Net revenue in biggest market, the Czech Republic, was down 2.3 percent in second quarter . CME says advertisers allocated more of their budgets for television to the first quarter of 2016 at lower season prices, which negatively impacted second quarter . CME estimates TV ad spending in its six markets grew 5 percent in H1 Further company coverage: [CETV.O] ((jason.hovet@thomsonreuters.com;)).  Full Article

Broadcaster CME plans to use cash to pay guarantee fee related to 2018 loan
Tuesday, 26 Jul 2016 08:54am EDT 

Central European Media Enterprises Ltd : says plans to use cash to pay guarantee fee related to 2018 euro term loan payable in november rather than electing to pay in kind Further company coverage: [CETV.O] ((prague.newsroom@thomsonreuters.com;)).  Full Article

Broadcaster CME sees OIBDA growth of low to high teens in 2016
Tuesday, 26 Jul 2016 07:11am EDT 

Central European Media Enterprises : confirms guidance, expects OIBDA growth of low to high teens at constant exchange rates in 2016 . expects unlevered free cash flow of $85 million - $95 million at actual rates in 2016 Further company coverage: [CETV.O] [CETV.PR] ((prague.newsroom@thomsonreuters.com;)).  Full Article

Central European Media Enterprises Q2 loss per share $0.98 from continuing operations
Tuesday, 26 Jul 2016 01:55am EDT 

Central European Media Enterprises Ltd : Q2 operating profit $43.8 million - Reuters poll . Q2 revenue estimate $174.6 million - Reuters poll . Q2 oibda increased 12 percent at constant rates to us$ 53.6 million . Q2 operating income increased 18 percent at constant rates to us$ 43.9 million . Central european media enterprises ltd. Reports results for the second quarter and six months ended june 30, 2016 . Q2 loss per share $0.98 from continuing operations . Q2 revenue rose 3 percent to $175.2 million . Q2 OIBDA estimate $49.2 million - reuters poll .Says "looking ahead to rest of 2016, we remain very upbeat about our prospects for further growth".  Full Article

Standard & Poor's Ratings Services lowers Central European Media Enterprises Ltd credit rating-DJ
Tuesday, 30 Jun 2015 10:04am EDT 

Central European Media Enterprises Ltd:Standard & Poor's Ratings Services lowers its long-term corporate credit rating on Central European Media Enterprises Ltd (CME) to 'B' from 'B+' - DJ.places the rating on CreditWatch with negative implications.  Full Article

CEE MARKETS-Poland leads asset rise after UK rate cut; Czechs, Romania hold rates

* Czech, Romanian central banks keep policies unchanged * BoE easing news lift CEE bonds, equities * Polish 10-year bond yield tests 9-month low * Hungarian bonds extend gains after healthy auction demand (Recasts with impact of BoE decisions) By Sandor Peto and Jakub Iglewski BUDAPEST/WARSAW, Aug 4 Central European bonds and stocks rose on Thursday as the Bank of England cut interest rates and announced more government bond buying while the Czech and Romanian c