Il Sole 24 ORE S.p.A. Reports Consolidated Interim Management Statement Results for the First Quarter Ended March 31, 2016; Provides Earnings Guidance for the Year 2016
To date and in the absence of unpredictable events at this time, the Group continues to keep a sharp eye on its relevant market, still marked by a high degree of uncertainty, regarding the advertising market trend in particular. Against this backdrop, forecasts for 2016 reasonably confirm an improvement in EBITDA versus 2015, together with improved cash flow from operations.