Promotora de Informaciones ( (ES:PRS) ) just unveiled an update.
PRISA’s Board of Directors has decided not to pursue a new television license in Spain, opting instead to concentrate on its existing press and radio operations. The company aims to continue reducing its debt and enhancing liquidity, achieving its lowest debt-to-EBITDA ratio since 2005, which reflects a strategic focus on financial stability.
More about Promotora de Informaciones
Promotora de Informaciones, S.A. (PRISA) is a company operating in the media industry, primarily focusing on press and radio services. The company has a strong market presence supported by its readership and listenership, and it is committed to maintaining its current business lines.
YTD Price Performance: 9.03%
Average Trading Volume: 59
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €362.3M
For an in-depth examination of PRS stock, go to TipRanks’ Stock Analysis page.