{"success":true,"data":{"pressRelease":{"id":"30717","rtpr_id":"nNFC6nwsvY","ticker":"GCLAM","exchange":"","all_tickers":["GCLAM"],"title":"Grupo Clarin Announces First Quarter 2026 Results","author":"Newsfile Corp","published_at":"2026-05-12T01:50:19.623Z","article_body":"Buenos Aires, Argentina--(Newsfile Corp. - May 11, 2026) - Grupo Clarín\nS.A. (BYMA: GCLA) (\"Grupo Clarín\" or the \"Company\"), the largest media\ncompany in Argentina, announced today its First Quarter 2026 results. Figures\nin this report have been prepared in accordance with International Financial\nReporting Standards ((*)) (\"IFRS\") as of March 31, 2026 and are stated in\nArgentine Pesos (\"Ps\"), unless otherwise indicated.\n\n((*)) The Company's Management has applied IAS 29 in the preparation of these\nfinancial statements (inflation adjustment) as per Resolution 777/18, issued\nby the Comisión Nacional de Valores (\"CNV\"), that establishes that the\nrestatement must be applied to the financial statements.\n\nHighlights (1Q26 vs. 1Q25):\n*\nFor the purposes of the analysis, it should be noted that the results\npresented in a comparative manner (1Q25) include the effect of year over year\ninflation as of March 31, 2026, which amounted to 32.6%.\n*\nTotal Revenues reached Ps. 119,145.0 million, a decrease of 5.0% in real terms\ncompared to 1Q25, mainly due to lower Circulation, Printing, and Other Sales\nRevenues in the Digital and Printed Publications segment, partially offset by\nan increase in advertising revenues, and higher Programming sales in the\nBroadcasting and Programming segment.\n*\nAdjusted EBITDA((1)) reached Ps. 19,108.3 million, an increase of 15.5%\ncompared to 16,543.1 for 1Q25, mostly explained by lower Cost of Sales in the\nDigital and Printed Publications segment and in the Broadcasting and\nProgramming segment, and lower Selling Administrative Expenses across all\nsegments.\n*\nGrupo Clarín's Adjusted EBITDA Margin((2)) was 16.0% in 1Q26, compared to\n13.2% in 1Q25.\n*\nProfit for the period resulted in Ps. 7,116.1 million, an increase of 10.3%\ncompared to a profit of Ps. 6,453.1 million reported in 1Q25. Net Income for\nthe period attributable to Equity Shareholders amounted to Ps 6,644.9 million\nin 1Q26 from a profit of Ps. 6,319.3 million in 1Q25, an increase of 5.2%.\n\nFINANCIAL HIGHLIGHTS\n\n                                                                                  \n (In millions of Ps.)          1Q26       1Q25       % Ch.   4Q25       QoQ       \n Total Revenues                119,145.0  125,402.9  (5.0%)  152,487.2  (21.9%)   \n Adjusted EBITDA ((1))         19,108.3   16,543.1   15.5%   29,815.5   (35.9%)   \n Adjusted EBITDA Margin ((2))  16.0%      13.2%      21.6%   19.6%      (18.0%)   \n Profit/(Loss) for the period  7,116.1    6,453.1    10.3%   513.0      1287.1%   \n Attributable to:                                                                 \n Equity Shareholders           6,644.9    6,319.3    5.2%    1,209.8    449.3%    \n Non-Controlling Interests     471.2      133.8      252.2%  (696.8)    (167.6%)  \n\n \n\n((1)) We define Adjusted EBITDA as Total Revenues minus cost of sales\n(excluding depreciation and amortization) and selling and administrative\nexpenses (excluding depreciation and amortization). We believe that Adjusted\nEBITDA is a meaningful measure of our performance. It is commonly used to\nanalyze and compare media companies based on operating performance, leverage\nand liquidity. Nonetheless, Adjusted EBITDA is not a measure of net income or\ncash flow from operations and should not be considered as an alternative to\nnet income, an indication of our financial performance, an alternative to cash\nflow from operating activities or a measure of liquidity. Other companies may\ncompute Adjusted EBITDA in a different manner; therefore, Adjusted EBITDA as\nreported by other companies may not be comparable to Adjusted EBITDA as we\nreport it.\n((2)) We define Adjusted EBITDA Margin as Adjusted EBITDA over Total Revenues.\n\n Investor Relations Contacts                                                      \n In Buenos Aires:                  In New York:                                   \n                                                                                  \n Samantha Olivieri                 Camilla Ferreira and Marcella Ewerton Dragone  \n                                                                                  \n Grupo Clarín S.A.                 Fig Corporate Communications                   \n Tel: +54 11 4309 7104             Tel: +1 917 691-4047                           \n Email: investors@grupoclarin.com  E-mail: fig@fig.ooo                            \n\n \n\nCONFERENCE CALL AND WEBCAST INFORMATION\n\nGRUPO CLARIN S.A.\n(BYMA: GCLA)\ncordially invites you to participate in its Webcast Presentation\nto discuss its First Quarter 2026 Results\n\nDate: Tuesday, May 12, 2026\nTime: 1:00pm Buenos Aires Time/5:00pm London Time/12:00pm New York Time\n\nTo access the live stream and slide presentation, visit:\nhttps://event.choruscall.com/mediaframe/webcast.html?webcastid=iskgxc6A\n\nThe webcast presentation will also be available at https://ir.grupoclarin.com\n\nABOUT THE COMPANY\n\nGrupo Clarín is the largest media company in Argentina and a leading company\nin Digital and Printed Publications and broadcasting and programming markets.\nIts flagship newspaper –Diario Clarín– is one of the highest circulation\nnewspapers and has the largest base of paid digital subscribers in Latin\nAmerica. Grupo Clarín is the largest producer of media content in Argentina,\nincluding news, sports and entertainment and reaches substantially all\nsegments of the Argentine population in terms of wealth, geography and age.\n\nDisclaimer\nSome of the information in this press release may contain projections or other\nforward-looking statements regarding future events or the future financial\nperformance of Grupo Clarín. You can identify forward-looking statements by\nterms such as \"expect\", \"believe\", \"anticipate\", \"estimate\", \"intend\", \"will\",\n\"could\", \"may\" or \"might\" the negative of such terms or other similar\nexpressions. These statements are only predictions and actual events, or\nresults may differ materially. Grupo Clarín does not intend to or undertake\nany obligation to update these statements to reflect events and circumstances\noccurring after the date hereof or to reflect the occurrence of unanticipated\nevents. Many factors could cause the actual results to differ materially from\nthose contained in Grupo Clarín's projections or forward-looking statements,\nincluding, among others, general economic conditions, Grupo Clarín's\ncompetitive environment, risks associated with operating in Argentina a, rapid\ntechnological and market change, and other factors specifically related to\nGrupo Clarín and its operations.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/297078","article_body_html":"","raw_payload":{"data":{"id":"nNFC6nwsvY","title":"Grupo Clarin Announces First Quarter 2026 Results","author":"Newsfile Corp","ticker":"GCLAM","created":"2026-05-12T01:50:19.623Z","tickers":["GCLAM"],"exchange":"","article_body":"Buenos Aires, Argentina--(Newsfile Corp. - May 11, 2026) - Grupo Clarín\nS.A. (BYMA: GCLA) (\"Grupo Clarín\" or the \"Company\"), the largest media\ncompany in Argentina, announced today its First Quarter 2026 results. Figures\nin this report have been prepared in accordance with International Financial\nReporting Standards ((*)) (\"IFRS\") as of March 31, 2026 and are stated in\nArgentine Pesos (\"Ps\"), unless otherwise indicated.\n\n((*)) The Company's Management has applied IAS 29 in the preparation of these\nfinancial statements (inflation adjustment) as per Resolution 777/18, issued\nby the Comisión Nacional de Valores (\"CNV\"), that establishes that the\nrestatement must be applied to the financial statements.\n\nHighlights (1Q26 vs. 1Q25):\n*\nFor the purposes of the analysis, it should be noted that the results\npresented in a comparative manner (1Q25) include the effect of year over year\ninflation as of March 31, 2026, which amounted to 32.6%.\n*\nTotal Revenues reached Ps. 119,145.0 million, a decrease of 5.0% in real terms\ncompared to 1Q25, mainly due to lower Circulation, Printing, and Other Sales\nRevenues in the Digital and Printed Publications segment, partially offset by\nan increase in advertising revenues, and higher Programming sales in the\nBroadcasting and Programming segment.\n*\nAdjusted EBITDA((1)) reached Ps. 19,108.3 million, an increase of 15.5%\ncompared to 16,543.1 for 1Q25, mostly explained by lower Cost of Sales in the\nDigital and Printed Publications segment and in the Broadcasting and\nProgramming segment, and lower Selling Administrative Expenses across all\nsegments.\n*\nGrupo Clarín's Adjusted EBITDA Margin((2)) was 16.0% in 1Q26, compared to\n13.2% in 1Q25.\n*\nProfit for the period resulted in Ps. 7,116.1 million, an increase of 10.3%\ncompared to a profit of Ps. 6,453.1 million reported in 1Q25. Net Income for\nthe period attributable to Equity Shareholders amounted to Ps 6,644.9 million\nin 1Q26 from a profit of Ps. 6,319.3 million in 1Q25, an increase of 5.2%.\n\nFINANCIAL HIGHLIGHTS\n\n                                                                                  \n (In millions of Ps.)          1Q26       1Q25       % Ch.   4Q25       QoQ       \n Total Revenues                119,145.0  125,402.9  (5.0%)  152,487.2  (21.9%)   \n Adjusted EBITDA ((1))         19,108.3   16,543.1   15.5%   29,815.5   (35.9%)   \n Adjusted EBITDA Margin ((2))  16.0%      13.2%      21.6%   19.6%      (18.0%)   \n Profit/(Loss) for the period  7,116.1    6,453.1    10.3%   513.0      1287.1%   \n Attributable to:                                                                 \n Equity Shareholders           6,644.9    6,319.3    5.2%    1,209.8    449.3%    \n Non-Controlling Interests     471.2      133.8      252.2%  (696.8)    (167.6%)  \n\n \n\n((1)) We define Adjusted EBITDA as Total Revenues minus cost of sales\n(excluding depreciation and amortization) and selling and administrative\nexpenses (excluding depreciation and amortization). We believe that Adjusted\nEBITDA is a meaningful measure of our performance. It is commonly used to\nanalyze and compare media companies based on operating performance, leverage\nand liquidity. Nonetheless, Adjusted EBITDA is not a measure of net income or\ncash flow from operations and should not be considered as an alternative to\nnet income, an indication of our financial performance, an alternative to cash\nflow from operating activities or a measure of liquidity. Other companies may\ncompute Adjusted EBITDA in a different manner; therefore, Adjusted EBITDA as\nreported by other companies may not be comparable to Adjusted EBITDA as we\nreport it.\n((2)) We define Adjusted EBITDA Margin as Adjusted EBITDA over Total Revenues.\n\n Investor Relations Contacts                                                      \n In Buenos Aires:                  In New York:                                   \n                                                                                  \n Samantha Olivieri                 Camilla Ferreira and Marcella Ewerton Dragone  \n                                                                                  \n Grupo Clarín S.A.                 Fig Corporate Communications                   \n Tel: +54 11 4309 7104             Tel: +1 917 691-4047                           \n Email: investors@grupoclarin.com  E-mail: fig@fig.ooo                            \n\n \n\nCONFERENCE CALL AND WEBCAST INFORMATION\n\nGRUPO CLARIN S.A.\n(BYMA: GCLA)\ncordially invites you to participate in its Webcast Presentation\nto discuss its First Quarter 2026 Results\n\nDate: Tuesday, May 12, 2026\nTime: 1:00pm Buenos Aires Time/5:00pm London Time/12:00pm New York Time\n\nTo access the live stream and slide presentation, visit:\nhttps://event.choruscall.com/mediaframe/webcast.html?webcastid=iskgxc6A\n\nThe webcast presentation will also be available at https://ir.grupoclarin.com\n\nABOUT THE COMPANY\n\nGrupo Clarín is the largest media company in Argentina and a leading company\nin Digital and Printed Publications and broadcasting and programming markets.\nIts flagship newspaper –Diario Clarín– is one of the highest circulation\nnewspapers and has the largest base of paid digital subscribers in Latin\nAmerica. Grupo Clarín is the largest producer of media content in Argentina,\nincluding news, sports and entertainment and reaches substantially all\nsegments of the Argentine population in terms of wealth, geography and age.\n\nDisclaimer\nSome of the information in this press release may contain projections or other\nforward-looking statements regarding future events or the future financial\nperformance of Grupo Clarín. You can identify forward-looking statements by\nterms such as \"expect\", \"believe\", \"anticipate\", \"estimate\", \"intend\", \"will\",\n\"could\", \"may\" or \"might\" the negative of such terms or other similar\nexpressions. These statements are only predictions and actual events, or\nresults may differ materially. Grupo Clarín does not intend to or undertake\nany obligation to update these statements to reflect events and circumstances\noccurring after the date hereof or to reflect the occurrence of unanticipated\nevents. Many factors could cause the actual results to differ materially from\nthose contained in Grupo Clarín's projections or forward-looking statements,\nincluding, among others, general economic conditions, Grupo Clarín's\ncompetitive environment, risks associated with operating in Argentina a, rapid\ntechnological and market change, and other factors specifically related to\nGrupo Clarín and its operations.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/297078"},"type":"article","timestamp":"2026-05-12T01:50:19.682195242Z","server_sent_at_ms":1778550619682},"received_at":"2026-05-12T01:50:19.771Z","source_url":"https://www.newsfilecorp.com/release/297078"},"analysis":{"id":"22759","press_release_id":"30717","analysis_json":{"industry":{"label":"Media","sector":"Communication Services"},"redFlags":[],"eventType":"earnings","narrative":"Grupo Clarín reported 1Q26 total revenues of Ps. 119,145.0 million, a 5.0% decrease in real terms compared to 1Q25.\n\nAdjusted EBITDA increased 15.5% to Ps. 19,108.3 million, driven by lower costs and expenses across segments.\n\nProfit for the period grew 10.3% to Ps. 7,116.1 million, with net income attributable to equity shareholders up 5.2% to Ps. 6,644.9 million.","sentiment":"mixed","agentHooks":{"shouldPost":true,"suggestedAngle":"Mixed Q1 results for Grupo Clarín: revenue down 5.0%, but EBITDA up 15.5% and profit up 10.3%."},"keyFigures":{"revenue":119145000000,"revenueYoy":"-5.0%","customDimensions":{"adjusted_ebitda_margin":"16.0%"}},"quotedText":"","namedEntities":{"people":[{"name":"Samantha Olivieri","role":"Investor Relations Contact"},{"name":"Camilla Ferreira","role":"Investor Relations Contact"},{"name":"Marcella Ewerton Dragone","role":"Investor Relations Contact"}],"products":[],"companies":[{"name":"Grupo Clarín S.A.","ticker":"GCLAM"},{"name":"Fig Corporate Communications","relationship":"IR firm"}],"dollarAmounts":[{"amount":"Ps. 119,145.0 million","context":"1Q26 total revenues"},{"amount":"Ps. 16,543.1 million","context":"1Q25 adjusted EBITDA"},{"amount":"Ps. 19,108.3 million","context":"1Q26 adjusted EBITDA"},{"amount":"Ps. 7,116.1 million","context":"1Q26 profit for the period"},{"amount":"Ps. 6,644.9 million","context":"1Q26 net income attributable to equity shareholders"}]},"materialImpact":{"score":3,"reasoning":"Revenue decreased 5.0% in real terms, but Adjusted EBITDA increased 15.5% and profit for the period grew 10.3%. The mixed performance suggests both positive and negative aspects."},"tickerRelevance":{"others":[],"primary":"GCLAM"},"globalImportance":35,"audienceRelevance":50,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"earnings with mixed performance","sectorWeight":"Communication Services","householdBrandBoost":"Diario Clarín is a leading newspaper in Latin America","marketCapAdjustment":"moderate"}},"event_type":"earnings","event_type_secondary":null,"sentiment":"mixed","material_impact_score":3,"narrative":"Grupo Clarín reported 1Q26 total revenues of Ps. 119,145.0 million, a 5.0% decrease in real terms compared to 1Q25.\n\nAdjusted EBITDA increased 15.5% to Ps. 19,108.3 million, driven by lower costs and expenses across segments.\n\nProfit for the period grew 10.3% to Ps. 7,116.1 million, with net income attributable to equity shareholders up 5.2% to Ps. 6,644.9 million.","key_figures":{"revenue":119145000000,"revenueYoy":"-5.0%","customDimensions":{"adjusted_ebitda_margin":"16.0%"}},"named_entities":{"people":[{"name":"Samantha Olivieri","role":"Investor Relations Contact"},{"name":"Camilla Ferreira","role":"Investor Relations Contact"},{"name":"Marcella Ewerton Dragone","role":"Investor Relations Contact"}],"products":[],"companies":[{"name":"Grupo Clarín S.A.","ticker":"GCLAM"},{"name":"Fig Corporate Communications","relationship":"IR firm"}],"dollarAmounts":[{"amount":"Ps. 119,145.0 million","context":"1Q26 total revenues"},{"amount":"Ps. 16,543.1 million","context":"1Q25 adjusted EBITDA"},{"amount":"Ps. 19,108.3 million","context":"1Q26 adjusted EBITDA"},{"amount":"Ps. 7,116.1 million","context":"1Q26 profit for the period"},{"amount":"Ps. 6,644.9 million","context":"1Q26 net income attributable to equity shareholders"}]},"model_name":"Qwen/Qwen2.5-72B-Instruct-AWQ","prompt_hash":"sha256:a76fb3b19e8e8b7b","schema_hash":"sha256:8658c370b800cf3d","created_at":"2026-05-12T03:28:12.288Z","global_importance":35,"audience_relevance":50,"importance_components":{"tickerTier":"mid-cap","eventGravity":"earnings with mixed performance","sectorWeight":"Communication Services","householdBrandBoost":"Diario Clarín is a leading newspaper in Latin America","marketCapAdjustment":"moderate"}},"durationMs":56208,"modelName":"george-droid-qwen-72b"}}