Atresmedia Corporacion de Medios de Comunicacion SA (OTCPK:ATVDY)
$ 5.08 0 (0%) Market Cap: 1.14 Bil Enterprise Value: 1.07 Bil PE Ratio: 5.70 PB Ratio: 1.32 GF Score: 83/100
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Q1 2020 Atresmedia Corporacion de Medios de Comunicacion SA Earnings Call Transcript

Apr 30, 2020 / 11:00AM GMT
Release Date Price: $2.5
David Gómez Baquero
Atresmedia Corporación de Medios de Comunicación, S.A. - Director of IR

Hi, good afternoon. Welcome to this conference call in which we are presenting the first quarter results for 2020, as usual, leaded by Silvio González, CEO; also is in the conference call, Antonio Manso, CFO. He will -- Silvio González will start with the highlights of the period. And then we will move on to the Q&A session. So without further delay, we start with you. Thank you.

Silvio JosÃ;GonzÃ;lez Moreno
Atresmedia Corporación de Medios de Comunicación, S.A. - CEO, MD & Executive Director

©¡ -

Hello, good morning. I hope you and your families are well and safe, and please, go on, for the future.

Well, talking about the financials. The advertising market, the total advertising market has decreased by approximately 13% on a year-on-year basis. The decline in the advertising market is mainly due to the lockdown because of the COVID-19 crisis. In the markets that Atresmedia works, which is television, radio and

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