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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Atresmedia Corporación de Medios de Comunicación
Atresmedia Corporación de Medios de Comunicación (A3M) investor relations material
Atresmedia Corporación de Medios de Comunicación Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary22 Oct, 2026
Executive summary
9M26 net revenue rose 4.0% YoY to €724.3 million, supported by content production and distribution, other revenue, and AMVIA’s initial contribution. Adjusted EBITDA was €88.2 million and net profit was €53.8 million.
Audience leadership continued across TV, online, radio and out-of-home advertising; Antena 3 led commercial TV with a 12.5% share.
Financial highlights
Net revenue reached €724.3 million versus €696.5 million in 9M25; reported EBITDA was €91.3 million versus €90.2 million.
Adjusted EBITDA was €88.2 million, down 2.3% YoY; adjusted EBIT was €73.8 million, down 4.2%.
EBIT was €74.3 million versus €77.1 million; profit for the period was €53.8 million versus €63.5 million, down 15.2%.
Profit declined mainly because 9M25 included late-payment interest from the Spanish Taxation Authorities following a favorable court decision on tax-loss offsets.
Outlook and guidance
FY26 EBITDA is forecast in line with 2025 on a like-for-like consolidation basis, supported by slight market growth and cost containment.
AMVIA is expected to contribute roughly €100 million of full-year revenue with an EBITDA margin near 18%.
Net debt, including the outstanding receivable from the Spanish Taxation Authorities, is expected to approach zero.
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Latest events from Atresmedia Corporación de Medios de Comunicación
- FY23 revenue rose 2.2%, while Q4 EBITDA grew 11.8%.A3M
Q4 2023 - Revenue up 2.6%, profit down 11.5% YoY; TV and digital leadership, strong cash position.A3MQ2 2026
- Revenue and profit declined, but audience leadership and financial strength were sustained.A3MQ1 2026
- Audience leadership and €1,002M revenue sustained, but profits fell amid rising costs.A3MQ4 2025
- Revenue declined 2.3% as diversification and digital growth offset weak TV advertising.A3MQ3 2025
- Revenue and profit fell, but digital and audience leadership and cash strength persisted.A3MQ2 2025
- Net revenue up 7% and net profit up 8.2%, with continued audience leadership and strong cash.A3MQ3 2024
- Double-digit revenue and profit growth, strong margins, and audience leadership in H1 2024.A3MQ2 2024
- Record revenue, digital growth, and a 62% higher dividend proposal highlight 2024.A3MQ4 2024
Next Atresmedia Corporación de Medios de Comunicación earnings date
Q4 202627 Feb, 2027
Atresmedia Corporación de Medios de Comunicación
Next Atresmedia Corporación de Medios de Comunicación earnings date
Q4 202627 Feb, 2027
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Frequently asked questions
Atresmedia Corporación de Medios de Comunicación S.A. operates television, radio, and digital media platforms in Spain. The company owns channels such as Antena 3 and laSexta and produces audiovisual content for entertainment and news. It is headquartered in Madrid, Spain, and its shares are listed on the BME.