Mexico's Televisa swings to $49 million profit in Q3

By Reuters News

- Mexican broadcaster Grupo Televisa TLEVISACPO.MX, the world's largest producer of Spanish-language content, on Thursday posted a swing to a third-quarter net profit of 882.7 million Mexican pesos ($48.82 million), from a loss of 1.93 billion pesos in the same period a year earlier.

Quarterly revenues shrunk 3.8% to 14.08 billion pesos.


($1 = 18.0808 pesos at end-September)

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk