Grupo Televisa SAB (MEX:TLEVISAA)
MXN 0.18 0 (0%) Market Cap: 326.57 Bil Enterprise Value: 397.53 Bil PE Ratio: 0.12 PB Ratio: 0.19 GF Score: 59/100

Q1 2023 Grupo Televisa SAB Earnings Call Transcript

Apr 26, 2023 / 03:00PM GMT
Release Date Price: MXN0.18
Operator

Good morning, everyone, and welcome to Grupo Televisa's First Quarter 2023 Conference Call. Before we begin, I would like to draw your attention to the press release, which explains the use of forward-looking statements and applies to everything we discuss in today's call and in the earnings release.

I would now turn the call over to Mr. Alfonso de Angoitia, Co-Chief Executive Officer of Grupo Televisa. Please go ahead, sir.

Alfonso de Angoitia Noriega
Grupo Televisa, S.A.B. - Co-CEO & Director

Thank you, Ken. Good morning, everyone, and thank you for joining us. With me today are Pepe Antonio Gonzalez, CEO of Cable; Luis Malvido, CEO of Sky; and Carlos Phillips, CFO of Grupo Televisa.

During the first quarter, Grupo Televisa's consolidated revenue reached MXN 18.5 billion, representing a slight year-on-year decline of 0.5%, while operating segment income reached MXN 7 billion, equivalent to a year-on-year decrease of 3.4%. Revenue growth at our residential operations in cable and our other businesses segment was partially offset by

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