20
may

National Media Group (NMG) announces financial results of 2013

According to NMG financial results of 2013, the media holding's financial figures showed solid growth.*

NMG’s consolidated revenue in 2013 amounted to 14,729 million rubles (excluding VAT), compared to the amount of revenue of 12,121 million rubles (excluding VAT) in 2012. The overall rate of revenue growth in 2013, as compared to 2012, was 22% or 2,608 million rubles in absolute terms.

Furthermore, OIBDA margin in 2013 amounted to 2,721 million rubles, as compared to the OIBDA margin of 1,602 million rubles in 2012. Thus, OIBDA growth in 2013, as compared to 2012, amounted to 1,119 million rubles or 70%, which was higher than company estimates.

Operating profit (EBIT) in 2013 amounted to 2,388 million rubles, as compared to the EBIT index of 1,520 million rubles in 2012. EBIT growth rate in 2013, as compared to 2012, amounted to 868 million rubles or 57%.

Significant growth in 2013 can also be noted in NMG’s net profit that amounted to 1.499
million rubles, as compared to the net profit of 756 million rubles in 2012. Thus, the increase in net profit in 2012 amounted to 743 million rubles or 98%.




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