The company Grupo Televisa reported that it has a cash and cash equivalents balance of 49 billion pesos, highlighting that this amount would be sufficient to cover debt maturities until the year 2040, which exceeds more than twice the company's market capitalization.
Eighty-six percent of Televisa's total debt matures in more than 10 years, with an average life of 14 years, strengthening its financial position. The company also mentioned that it has revolving credit lines and access to international debt markets, consolidating its economic solidity.
Regarding financial details, Televisa participated in the company TelevisaUnivision, which reported revenues of 5.1 billion dollars and an adjusted EBITDA of 1.6 billion dollars in 2024, with a margin of 31 percent, one of the highest in the sector. In its operating segments, the company implemented a restructuring in its cable business, achieving a 38 percent growth in operating cash flow and a margin of 39 percent.
The balance at the end of 2024 showed a cash and cash equivalents amount of around 49 billion pesos, a 40 percent increase compared to the previous year. The generation of nearly 14 billion pesos was attributed to the company's successful efficiency and simplification measures, as revealed by Televisa in its financial report.
The company indicated that this level of liquidity would cover all debt maturities until 2040 and highlighted that nearly 60 percent of the cash is denominated in dollars, which partially protects the company from exchange rate risk. Additionally, it was mentioned that cash generation could cover all debt maturities for the next two years and represents about 60 percent of Televisa's market capitalization.
On the other hand, the integration of Sky into operations after acquiring AT&T's stake generated additional efficiencies and a 3 percent increase in operating cash flow. In conclusion, Grupo Televisa reaffirmed its strategy of financial strengthening and operational optimization, positioning itself as a key player in the media and telecommunications industry. The successful spin-off of Ollamani simplified the corporate structure and generated value for Televisa investors by receiving shares of a company with significant market capitalization.
