Mexico City. Grupo Televisa, the Mexican media company, revealed on Tuesday that its profits collapsed 65.2 percent annually in the first quarter of 2025.
According to the financial report presented by the broadcaster to the investor public, Televisa’s net income amounted to 331.5 million pesos in January-March of 2025, compared to 951.7 million pesos of the same period of 2024.
Televisa said that the net income attributable to the establishments of the station decreased from 632 million (66.4 percent) to 319.8 million in the first quarter of 2025, compared to the 951.8 million in the first quarter of 2024.
“This decrease reflected an unfavorable change of 2,491.9 million pesos in other revenues or expenses, net; a decrease of 56.8 million in the usefulness of discontinued operations; and an unfavorable change of 11.8 million in the net utility or loss attributable to non -controlling participation,” said the station.
According to the report that sent to the Mexican Stock Exchange (BMV), the Financial Statements of Grupo Televisa adjusted to reflect the impact of the Olani split, the company that quotes on the stock market and which has the Club América, Casinos, Azteca Stadium and media, which took place on January 31, 2024. The results for the period of a month ended on January 31, 2024 Schinded from the previous segment of other businesses are presented as discontinued operations.
Meanwhile, the company said that the income decreased 6.1 percent to 14 thousand 973.6 million pesos in the first quarter of 2025, with respect to the 15 thousand 951.4 million in the first quarter of 2024. This decrease was mainly driven by the fall of income in Sky. The usefulness of the operating segments decreased 3.1 percent, translating to a margin of 37.8 percent.
In the midst of an Aristegui investigation of alleged television manufacturing of complaints to businessmen, magistrates and journalists, Televisa’s actions fell on Tuesday 6.84 percent, to 7.22 pesos per action.
In October 2024, the station was involved in another chapter of falling in its actions when Mexican businessman Emilio Azcárraga Jean separated from his position as executive president of the Grupo Televisa Council, as long as the investigation carried out by the United States Department of Justice is resolved.
