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During the period, the success of the add-on products was consolidated. Rationalization and simplification process of the corporate structure of the Group.
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The Group thanks the Managing Director Riccardo Stilli, who leaves RCS as previously announced, for the enduring commitment and the precious activity carried out for the Brabacasa, expressing the best wishes for the new challenges ahead of him. The major increase in settembrw revenues was achieved thanks to revamping of the title portfolio with the additions of the monthly Ok — La salute prima di tutto and the quarterly Dove Case, the restyling of Io Donna, Oggi, Dove, Gulliverand Sportweek and the investments in bgavacasa Visto bravacawa Novella The Corriere della Sera multimedia system was in line with the same period ofwhile the La Gazzetta dello Sport multimedia system reported a small drop of 2.
Mr de Bortoli was previously editor of the same newspaper from to This confirms the stability of the shareholding structure for the next years.
The principal results for the first nine months and third quarter of compared with the same periods in are as follows:. Architetto responsabile per le provincie di Siracusa, Ragusa, Enna. Gioia magazine – february – Italy – Xaguara. The main results for 1Q09 are shown below, compared with those of the same period last year:.
The increase of Euro 1. At the end of June more than 32, paying subscriptions to the two newspapers for smartphones had been activated, with more thanapplications downloaded. Barberis, but nonetheless expressed their mutual satisfaction with past relations between them. Other publishing revenueat EUR During his speech, Mr. The merger will be decided by the Board of Directors of the Company by resolution in the form of a public deed, as permitted by art.
sttembre Hubert Burda Media will strengthen its position in the market of Eastern Europe, France, Turkey and Asia, and will gain 20012 flexibility in such international expansion. With the advertising market in the press sector still negative, albeit less markedly than in the previous year, the Group nevertheless registered better performances compared to its key markets.
The improvement of EUR 2. The trend in activity in the first few months ofgiven the further deterioration in market conditions and the increasingly bleak outlook, therefore made it an urgent requirement to implement a global action plan focused on costs and business models across all Group functions and at every Group company in Italy and abroad.
Advertising revenuesdespite falling by 3. The Board also took notice of the resignation, bracacasa on November 10,of the Director Mr.
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Nakedbutsafe – February – United Kingdom – Xaguara. The Books Division highlighted revenues for Euro On like settebre like basis, publishing and advertising revenues would have grown by 9.
In view of the ongoing uncertainty in the market, the Group has also implemented a new cost-containment initiative in Spain and Italy, setrembre which it expects to achieve benefits of around EUR million on top of the projected saving from the Three-Year Plan for Consolidated revenue rose to EUR settembge, million, an improvement of 2.
Meanwhile the cost-cutting plan already implemented is continuing. Carlo Verdelli will assume his duties as Chief Editor no later than next February and, at any rate, when the necessary auditorial formalities have been completed. Furthermore, particular attention has been brxvacasa to the assumptions underlying the calculation of the projections used for the impairment test carried out to assess the value of intangible assets recorded in the financial statements in relation to Unidad Editorial.
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Press – OPINION CIATTI
Members of the Consortium will make their online advertising audience available, so contributing to the creation of a single, aggregate audience in the form of a network, which advertising investors can access through a specific, high-performance product. Comments on performance in Despite the prevailing general economic and sector crisis, the RCS MediaGroup continued with its expansion and innovation strategy throughoutin tandem with rigorous reorganisation and efficiency measures.
Since he joined the company inBob Wichser has been the individual most responsible for the dynamic growth and achievement that Joseph Abboud has experienced. However, the figure did benefit from a new cost-cutting policy following on from that implemented in Pietro Calabrese for his work and for the attainment of such excellent results while at La Gazzetta dello Sport.
During the meeting, the CEO, Pietro Scott Jovane, shared with the Board the status of the actions that are part of the Development Planapproved last December by the Board, and an update regarding the activities leading to the financial structure to support the Plan. The Magazines market featured intense launch and restyling activity, combined with greater concentration on add-on products for the specific target markets.
Milan, June 15 th — Concerning the recurring rumours appearing on the press media, and as already anticipated on May 15 th and on June 3 rdRCS MediaGroup has started the analysis of some initiatives and operations, some of them at company level, in order to define all the possible modalities to accelerate and improve the profitability goals as provided for in the industrial Plan presented to the financial market on December 5 ththe action lines pointed out in the same plan, which are already being developed, being confirmed.
The management likewise heartily thanks him for his friendship, which will undoubtedly keep him in touch with RCS MediaGroup. The dividend for the ordinary shares equals Euro 0. Corriere della Sera and Gazzetta dello Sport maintained their leading circulation figures, and are the two dailies with the most extensive readerships in Italy. The add-ons show an expected drop, in line with trends in the market.
Oggi, Io Donna and Amica confirmed their primacy in terms of both circulation and readership. The free press publication City is close to breaking even. Collezione magazine – June – Russia – Xaguara. These were partly offset by investments made.
Proposal of amendments to Bravacasw 2 corporate purpose and 19 delegation of powers of the Articles of Association. This series of significant measures is the only way in which RCS MediaGroup can ride out the current economic situation. Consolidated revenues at EUR 2, The digital editions of the two newspapers had exceeded 39, active subscribers in total at the end of September.