They go to the archive i first nine months of Rcs which closed with a negative net result of 380,5 million, a marked deterioration from -25,5 million in the same period of the previous year, as well as consolidated revenues, down to 1.184,1 million compared to 1.364,2 million. The company communicates it in a note.
The drop in advertising revenues is evident, going from 515,8 million to 447,8 million, while revenues from digital activities are growing, +7% to 88 million. Ebitda was also down, from 78,8 million to 21,6 million. Ebit is negative by 396,8 million from -3,7 million. Financial debt decreased, from 938,2 million to 875,6 million, mainly thanks to the sale of Flammarion.
The estimates for the whole of 2012 confirm the previous forecasts, of "revenues and current operating results significantly decreasing". As expected, the reaction of the markets was very negative, with the RCS Mediagroup share collapsing, losing more than 6%.
