Impresa expects revenues to grow 0.5% to 2028

 In Companies, Investment, Media, News, SIC TV

Under pressure from the securities market regulator, Portugal’s media company Impresa has released a number of financial forecasts to 2028 in which the company which owns SIC and Expresso expects an annual average growth rate of 0.5% per annum to 2028.

Based on available information to June, 2025, the group which owns the television company SIC TV and newspaper Expresso expects a slight growth in revenues to 2028 estimating that the EBITDA will be €24.3 million but has not divulged any estimate for its net debt for the period or its estimated net result.

The figures ​were released to investors “for reasons of equal information” ​and “in response to a request” from the Portuguese Securities Market Commission (CMVM). ​The release also took place on the eve of an ​extraordinary general meeting on Monday, in which the group is expected to vote and approve an authorisation to carry out the capital increase that will lead to the entry of a new reference shareholder, MediaForEurope (MFE) with a 32.934% stake in the company.

According to the forecasts of the company led by Francisco Pedro Balsemão, ​consolidated revenues are expected to total €179 million this year and reach €182.1 million in 2028. ​Despite the slight improvement, earnings before interest, deposits, depreciation and amortization (EBITDA) will reach €24.3 million euros this year, if the estimates are confirmed. ​The investment, which this year will have been just under €2 million, will total €3.7 million in 2028.

Regarding the two main businesses of Impresa – television and ​publishing ​- the group’s prospects are disparate. ​On the one hand, it estimates an annual growth of 0.9% in television revenues, to €159.4 million in 2028, ​and an operating result of €21.2 million. ​Costs are expected to increase by 0.5% per year.