CME's OIBDA from Romanian operations falls 14% in Q1

Central European Media Enterprises (CME) said on Wednesday that its first-quarter operating income before depreciation and amortization (OIBDA) from business in Romania fell by 14% year-on-year at actual rates to $15.06 million (13.9 million euro). Net revenues from operations in Romania increased 1.8% on the year in the January-March period to $39.5 million, the international broadcaster said in an interim financial ...

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