UMH’s EBITDA turned positive to USD 11.7 mln in 2009
25 March 2010
United Media Holding (FSE: A65 GR), during an analyst day yesterday, released its management accounts for 2009: EBITDA turned positive to USD 11.7 mln (vs. negative USD 22.5 mln in 2008), while revenues came to USD 96.2 mln (down 19.0% yoy), and net profit to USD 0.1 mln (vs. a net loss of USD 51.5% yoy). UMH said that it held 29.5% of Ukraine’s print media market, 23.4% of its radio market and an internet audience of over 3 mln every month in 2009.
