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Q2 2019 Promotora de Informaciones SA Earnings Call Transcript
Good morning. This is Pilar Gil speaking, Head of IR. Welcome to Prisa's First Half 2019 Results Conference Call. Today's presentation will be led by Manuel Mirat, our CEO; and by Guillermo de Juanes, our CFO, who will be explaining in detail the results release.
Following the presentation, we will open the floor for Q&A, and the people on webcast will also have a chance to put their questions. It is important to remark for the reading of the results, the following: first, reported numbers include operating (inaudible) provisions in EBITDA, which were included in previous years in EBIT; and second, and for a proper comparison on how the evolution of the business move, we will be showing comparable EBIT numbers throughout the presentation, which includes in the reported EBITDA, the IFRS 16 effect in 2018, and excluding 2019, the extraordinary provision related to Mediapro ruling.
With that, I will now hand it over to our CEO, Manuel.
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