We delivered positive free cash flow in the first 6 months of 2011 and we are on target to deliver positive free cash flow for the full year. We also completed the acquisition of Bontonfilm, a leading theatrical and home entertainment company in the Czech Republic and Slovak Republic, which will have a positive impact on our operating results in the future.For the second half of the year, we foresee a growth trend in all our TV advertising markets based on continuing improvements in macroeconomic indicators. CME is best positioned in the region to take advantage of this trend and deliver growth in revenues, OIBDA and cash flow. And now, over to David who will review the macroeconomic situation in our region and our second quarter consolidated performance.
Central European Media Enterprises' CEO Discusses Q2 2011 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.