CTC Media (CTCM) Declares $0.175 Quarterly Dividend; 17% Yield
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CTC Media Announces New Co-Chairman and Members of the Board of Directors
March 5, 2015 5:58 AM ESTMOSCOW, March 5, 2015 (GLOBE NEWSWIRE) -- CTC Media, Inc. ("CTC Media" or the "Company") (Nasdaq: CTCM), Russia's leading independent media company, today announced the appointment of Natasha Tsukanova and Kaj Gradevik to the CTC Media Board of Directors. Ms. Tsukanova has also been appointed Co-Chairman of the Board.
Ms. Tsukanova and Mr. Gradevik have been designated by MTG Russia, the Company's largest stockholder, to replace Jørgen Madsen Lindemann and Mathias Hermansson. MTG Russia has a right under the Company's stockholders' agreement to designate three of the nine members of the Board and... More
CTC Media Announces Financial Results for the Fourth Quarter and Full Year Ended December 31, 2014
March 5, 2015 5:09 AM ESTMOSCOW, March 5, 2015 (GLOBE NEWSWIRE) -- CTC Media, Inc. ("CTC Media" or the "Company") (Nasdaq: CTCM), Russia's leading independent media company, today announced its consolidated financial results for the fourth quarter and twelve months ended December 31, 2014.
FULL YEAR 2014 FINANCIAL HIGHLIGHTS
Total revenues up 3% year-on-year in ruble terms to RUR 27.3 billion ($711 million) Advertising revenues up 4% year-on-year in ruble terms to RUR 26.7 billion ($699 million) The company outperformed overall television ad market growth of 2.3% year-on-year Combined Russian national inventory was fully sold-out for FY 2014 Adjusted OIBDA2,3 was down 10% in ruble terms... MoreCTC Media Announces Financial Results for the Fourth Quarter and Full Year Ended December 31, 2014
March 5, 2015 5:08 AM ESTMOSCOW, March 5, 2015 (GLOBE NEWSWIRE) -- CTC Media, Inc. ("CTC Media" or the "Company") (Nasdaq: CTCM), Russia's leading independent media company, today announced its consolidated financial results for the fourth quarter and twelve months ended December 31, 2014.
FULL YEAR 2014 FINANCIAL HIGHLIGHTS
Total revenues up 3% year-on-year in ruble terms to RUR 27.3 billion ($711 million) Advertising revenues up 4% year-on-year in ruble terms to RUR 26.7 billion ($699 million) The company outperformed overall television ad market growth of 2.3% year-on-year Combined Russian national inventory was fully sold-out for FY 2014 Adjusted OIBDA2,3 was down 10% in ruble terms... More