Cairo Communication closed the first half with gross consolidated revenues of 141 million, down from 173,2 million a year earlier and a gross operating margin of 12,1 million (from 16,7 million). The data are calculated on a like-for-like basis, explains a note adding that, considering the entire perimeter, therefore also La7, purchased on 30 April, for the months of May and June, revenues amounted to 143,4 million and the Ebitda to 12,5 million. Over 90% of La7's revenues, the note explains, are made within the group.
The consolidated net result was 61,3 million due to the non-recurring income associated with the acquisition of La7 of 54,7 million. Based on the order backlog as at 6 August for advertising broadcast and to be broadcast on the La7 and La7d channels, in the two-month period July-August revenues amounted to 13 million, 6,5% more than in the same period of 2012.
