: recolétos :

: profile :

Recolétos (www.recoletos.es) is one of the leading media groups in the Iberian Peninsula. With our partners, our newspaper titles sell around 900,000 copies a day and we sell some 500,000 copies of our weekly/monthly magazines. We publish Spain’s leading financial and business publication, Expansión (www.expansiondirecto.com) and Europe’s bestselling sports newspaper, Marca (www.marca.es). We own a 30% stake – and play an active management role – in Unedisa, which publishes El Mundo (www.elmundo.com), one of Spain’s leading daily newspapers – and we own a 50% stake in Economica, which publishes Portugal’s leading daily financial and business newspaper. We have a 10% stake in the broadcaster, Antena 3. Our business television channel, Expansión Financiera, is broadcast from Madrid to Spanish and Latin American financial centres on the satellite digital platform, Via Digital, in which we have a 5% stake.

: performance :

Recolétos increased underlying sales by 7%. Profits increased by 13% to £34m. In addition to the strong performance of Expansión, profits were boosted by a 20% increase in advertising revenues at Marca, Europe’s leading sports newspaper. We retained our strong leadership of the Spanish sports newspaper market and transformed marca.es into Spain’s leading sports portal. El Mundo increased circulation and advertising revenues and built its own online presence. Its success means we own, or have a stake in, three of Spain’s ten most popular websites.

Antena 3 and Via Digital continued to increase subscribers and advertising revenues – and provide a platform for Expansión Financiera and a range of Pearson Television shows. And we stepped up the development of a range of internet and multimedia opportunities in the Spanish and Portuguese speaking worlds.