Grupo Clarín Announces First Quarter 2019 Results (1Q19)

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May 24, 2019
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BUENOS AIRES, ARGENTINA / ACCESSWIRE / May 23, 2019 / Grupo Clarín S.A. ("Grupo Clarín" or the "Company") (LSE: GCLA; BCBA: GCLA), the largest media company in Argentina, announced today its first quarter 2019 results. Figures in this report have been prepared in accordance with International Financial Reporting Standards(*) ("IFRS") as of March 31, 2019, and are stated in Argentine Pesos ("Ps"), unless otherwise indicated.
(*) The Company's Management has applied IAS 29 in the preparation of these financial statements (inflation adjustment) because Resolution 777/18, issued by the Comisión Nacional de Valores ("CNV"), establishes that the restatement will be applied to the financial statements.