Catena Media pushes back EBITDA target after Q1 struggles

Malta-based affiliate firm experiences a 7% decrease in NDCs after feeling the pinch in Sweden’s new-look market

Catena Media has missed its Q1 revenue target after reporting a 9% increase in first quarter revenues to €26.1m for the period ending March 2019. EBITDA for the period rose by 8% to €11.2m, up from €10.4m in the same period last year, to mark a corresponding EBITDA margin of 43%. Net cash generated from…

Catena Media | Finance | Regulation | Sweden