Vocento Reports Growth Amidst Digital Expansion

Vocento (ES:VOC) has released an update.

Vocento’s 1H24 financial results indicate a modest improvement in EBITDA by €1.5m in Q2, with overall stable revenues, slightly declining by 0.6% compared to 1H23. Despite a fall in press advertising, digital revenues and diversification showed growth, with digital subscribers increasing by 14%. The company also reported a dividend payment of €5.5m, with net financial debt at €31.6m, marking a significant increase from the previous year.

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