(2) Total segment
OIBDA may be considered a non-GAAP financial measure.
Adjusted OIBDA[3] increased by 34.3% year-on-year to RUB 265.3 billion; the adjusted
OIBDA margin was 34.1%.
Adjusted
OIBDA, which excludes non-cash stock-based compensation, also came in at the high end of expectations.
International networks' revenues rose 13% to $927 million and adjusted
OIBDA increased 9% to $249 million.
Financial results for the full year 2014 include consolidated operating revenues of USD3.7 billion, a consolidated adjusted
OIBDA loss of USD251 million, and a consolidated operating loss of USD1.11 billion.
The company is targeting 25x increase of
OIBDA by 2017, based on 60% benchmark margin for bio-tech companies.
Adrian Sarbu, CME's president and CEO, commented: "Bontonfilm is an
OIBDA positive and cash generative business that will have an immediate accretive impact on CME's bottom line.
"Our revenues and
OIBDA significantly increased in the first quarter.
In 2010, it had an
OIBDA of nearly USD2.6m and unaudited revenues of about USD37m.Country: Czech Republic, Sector: MediaTarget: Bontonfilm asBuyer: CME Media Pro BV, Central European Media Enterprises LtdVendor: Minority shareholders, Bancroft Private Equity LLPDeal size in USD: 12.5mType: Corporate acquisitionStatus: Agreed
OIBDA for the first half of 2010 decreased $26.5 million to $47.0 million.
Reports Q2 Adjusted
OIBDA down 4.0% to $50.2M from last year.