How are publishing, post and TV revenues going? Agcom report
All Agcom numbers on electronic communications, postal services, daily and periodical publishing, television, network operators and tower companies
Electronic communications, postal services, daily and periodical publishing, television, network operators and tower companies had a total turnover of 51.9 billion euros in 2019.
The numbers emerge from the focus on the 2015-2019 financial statements of the main companies operating in the markets covered by the Authority for Guarantees in Communications . All the details.
THE NUMBERS OF MARKETS REGULATED BY AGCOM
Let's start with the general numbers. The revenues of the sectors regulated by Agcom, i.e. electronic communications, postal services, daily and periodical publishing, television, network operators and tower companies, amounted to 51,925 million euros in 2019, with a reduction of 0.7% compared to 2015 and 2.1% on an annual basis.
THE CONTRIBUTION OF THE SECTORS
Each sector contributes differently. Of those 51.9 million, in fact, about 56.7% is due to electronic communications, 17.5% to postal services, 6.5% to daily and periodical publishing, 16.6% to the TV sector and 2.6% to network operators and infrastructure managers for broadcasting the radio and television signal.
GOOD TV, BAD PUBLISHING
Numbers, those above, which hide the crisis in the communications sector, which saw revenues (2015-2019) drop by 5.8% and in the publishing sector, which marked -8.8%.
The revenues of network operators and infrastructure managers grew by 17.3%, those of postal services by 11.5% and those of television by 3.3%.
PROFITABILITY
Apart from revenues, in 2019, the gross operating margin (Ebitda) and the net operating profit (Ebit) and the operating result are higher than in 2018 and 2015. "Daily and periodical publishing and electronic communications appear to be characterized by lower profitability ratios, with an operating result that in the last 5 years is on average negative and equal, respectively, to -1.8% and -0.6% of revenues ”, reads the Agcom report.
THE REDUCTION OF EMPLOYMENT
However, the number of employees dropped to 226,840 in 2019, with a decrease of about 24,830 employees. And if the single sector, the publishing sector shows the highest percentage of reduction (-11.4%), the postal services sector is the most affected, with a reduction in employment equal to about 15,500 units.
THE CAPITALIZATION
The capitalization from 2015 to 2019, on the other hand, shows a certain stability, explains Agcom, “with an average index value of 22.4%. The sector of network operators and infrastructure managers is the one with the greatest capitalization among those of institutional interest of the Authority (66.8%). For publishing, electronic communications and the television sector, the ratio between equity and third-party capital is around or higher than 30%, while this indicator is considerably lower for companies operating in the postal services sector and by express courier (8.5%) ".
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/come-vanno-i-ricavi-di-editoria-poste-e-tv-report-agcom/ on Tue, 29 Dec 2020 06:54:25 +0000.