Overview
- The media group reported €78.2 million in Q1 revenue, with EBITDA excluding severance improving 15.3% to −€1 million and net income at −€10 million due to a prior‑year asset sale boost.
- Digital and diversification revenue grew 10.6% to 47% of sales as digital subscriptions rose 11% to 207,000 and subscription revenue increased 9%.
- Printing and distribution revenue fell to €12 million as print runs shrank, and the company is developing a leaner setup that may consolidate ABC printing.
- Gastronomy revenue rose 16.7% to €7.3 million on a record Madrid Fusión event with more than 26,000 visitors, while classifieds reached €6.2 million and agencies €5.3 million.
- Net debt reached €16.9 million, up from €12.2 million at year‑end, and a new long‑term syndicated loan aims to steady financing as Vocento targets €30–32 million in EBITDA under its 2025–2029 plan.