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Central European Media Enterprises Ltd (CETV.PR)

CETV.PR on Prague Stock Exchange

104.60CZK
8 Dec 2017
Change (% chg)

-0.25Kč (-0.24%)
Prev Close
104.85Kč
Open
104.75Kč
Day's High
104.85Kč
Day's Low
103.95Kč
Volume
7,907
Avg. Vol
70,381
52-wk High
110.00Kč
52-wk Low
63.10Kč

Latest Key Developments (Source: Significant Developments)

Broadcaster CME: Croatia's watchdog stops sale of local subsidiary
Thursday, 16 Nov 2017 11:11am EST 

Nov 16 (Reuters) - Central European Media Enterprises Ltd :Says Croatia's watchdog has not approved CME's planned sale of its local subsidiary Nova TV.Says is reviewing the decision and evaluating potential options.  Full Article

Broadcaster CME: deleveraging a focus through end of next year
Tuesday, 24 Oct 2017 09:17am EDT 

Oct 24 (Reuters) - Central European Media Enterprises Ltd :co-CEO says new guidance means could end 2017 with oibda at $162-165 million.co-CEO says thinks our cash paid for interest and guarantee fees in 2018 will be less than $40 million.co-CEO says deleveraging remains focus through end of next year.  Full Article

Broadcaster CME sees 2017 core profit growth at high end of guidance
Tuesday, 24 Oct 2017 08:30am EDT 

Oct 24 (Reuters) - Central European Media Enterprises Ltd :says expects 2017 oibda growth for continuing operations at high end of 13-17 percent range at constant rates.says expects unlevered free cash flow at high end of $105-110 million range at actual rates.says capex for continuing operations in 2017 is expected to be around $30 million.says cash paid for income taxes for continuing operations in 2017 expected to be around $15 million.  Full Article

Central European Media Enterprises Qtrly loss per share $0.03
Tuesday, 24 Oct 2017 01:56am EDT 

Oct 24 (Reuters) - Central European Media Enterprises Ltd :Central European Media Enterprises Ltd. reports results for the third quarter and nine months ended september 30, 2017.Qtrly ‍net revenues increased 11% at actual rates and 5% at constant rates to $ 119.4 million​.Qtrly ‍operating income increased 40% at actual rates and 35% at constant rates to $ 16.0 million​.Qtrly ‍OIBDA increased 30% at actual rates and 24% at constant rates to $ 25.1 million​.Qtrly ‍TV advertising revenues increased 10% at actual rates and 4% at constant rates​.Qtrly ‍carriage fees and subscription revenues increased 20% at actual rates and 15% at constant rates​.Qtrly loss per share $0.03.Proceeds from sale of operations in Croatia, Slovenia will be used to repay debt.Sale proceeds of operations in Croatia, Slovenia is expected to decrease cost of borrowing by additional 150 basis​.Raises guidance for full year​.‍"We will see our average borrowing cost decline by 125 basis points to 6.0%, its lowest level in eight years"​.  Full Article

TCS Capital Management cuts stake in Central European Media Enterprises ‍​to 7 pct from 9.8 pct
Tuesday, 10 Oct 2017 05:04pm EDT 

Oct 10 (Reuters) - Central European Media Enterprises Ltd :TCS Capital Management LLC cuts stake in Central European Media Enterprises ‍​to 7.0 percent as of Oct 6 from a stake of 9.8 percent as of July 10 - SEC filing.  Full Article

Broadcaster CME say revenue to grow faster than costs in coming years
Tuesday, 25 Jul 2017 08:37am EDT 

July 25 (Reuters) - Central European Media Enterprises Ltd , CETV.PR:says in SEC filing expects revenues to grow at a faster pace than costs in 2017 and for the next few years, leading to continued OIBDA margin expansion .says in August 2017 we anticipate repaying approximately EUR 50.0 million of the principal outstanding on 2018 euro term loan -filing.says expects free cash flow to increase significantly in 2017 compared to 2016 -filing.  Full Article

Broadcaster CME confirms 2017 core profit growth outlook
Tuesday, 25 Jul 2017 06:10am EDT 

July 25 (Reuters) - Central European Media Enterprises Ltd , CETV.PR:confirms expects oibda growth of 13-17 percent at constant rates in 2017 - earnings call presentation.says expects unlevered free cash flow of $105-110 million at actual rates in 2017.says outlook for continuing operations, 2016 oibda for continuing operations was $136.7 million.says CAPEX for continuing operations in 2017 is expected to be around $30 million.  Full Article

Central European Media Enterprises Qtrly income attributable to CME per share $0.07
Tuesday, 25 Jul 2017 01:56am EDT 

July 25 (Reuters) - Central European Media Enterprises Ltd :Qtrly income attributable to CME Ltd. per share $0.07.Central European Media Enterprises Ltd reports results for the second quarter and six months ended june 30, 2017.Central European Media Enterprises Ltd qtrly net revenues increased 4% at actual rates and 6% at constant rates to us$ 181.9 million.Qtrly operating Income increased 16% at actual rates and 17% at constant rates to $50.8 million.Central European Media Enterprises ltd Qtrly OIBDA increased 14% at actual rates and 15% at constant rates to us$ 61.2 million.Q2 revenue view $184.0 million -- Thomson Reuters I/B/E/S.Sees carriage fees and subscription revenue from four remaining operations to increase double digits this year.  Full Article

Broadcaster CME sees path to net leverage ratio falling below 6x
Wednesday, 26 Apr 2017 09:27am EDT 

April 26 (Reuters) - Central European Media Enterprises Ltd , CETV.PR:co-CEO Del Nin reiterates sees path to net leverage ratio falling below 6x in 2017, leading to further borrowing cost reduction nL5N1GT3M4.Del Nin says we have a while to go to get to a dividend stage.  Full Article

Broadcaster CME sees FY 2017 core profit growing 13-17 pct
Wednesday, 26 Apr 2017 08:48am EDT 

April 26 (Reuters) - Central European Media Enterprises Ltd , CETV.PR:says expects OIBDA growth of 13% to 17% at constant exchange rates in 2017.says expects unlevered free cash flow of $105 - 110 million at actual rates in 2017.says capex in 2017 is expected to be consistent with the amount spent in 2016 -presentation.says cash paid for income taxes in 2017 expected to be around $10 million.says anticipates using excess cash to begin repaying principal outstanding on 2018 euro term loan in november this year.says guarantee fees related to the 2019 euro term loan and 2021 euro term loan expected to be paid in kind during 2017 amount to approximately $25 million.says expect revenues to grow at a faster pace than costs in 2017 and for the next few years, leading to continued oibda margin expansion year on year -filing.says on Romania, market growth for the remainder of 2017 to be significantly lower than the growth rate in the first three months of the year -filing.says net leverage ratio has decreased to 6.3x.  Full Article

Slovak Republic - Factors To Watch on Nov 23

BRATISLAVA, Nov 23 Here are news stories, press reports and events to watch which may affect Slovak financial markets on Thursday. ALL TIMES GMT (Slovak Republic: GMT + 1 hour) =========================ECONOMIC DATA======================== Real-time economic data releases.................. Summary of economic data and forecasts......... Recently released economic data................ Previous stories on Slovak d