Univision pacing up after strong Q4


Q4 net revenues were up 6.9% to $616.7 million for Univision, with TV leading the way, up 8.6% to $516.8 million. And 2012 is promising to be an even better year, with TV, radio and interactive all pacing up.

Operating income before depreciation and amortization (OIBDA) was also strong for TV, up 5.9% to $247 million in Q4. For the entire company OIBDA rose 6.3% to $275.7 million, due to radio being up double digits.

For the full year, revenues for the entire company were up 1.3% to $2.27 billion, with TV up 1.7% to $1.89 billion. OIBDA rose 1% to $933.9 million for all of Univision, with TV up 0.6% to $843.9 million.

In the company’s conference call with Wall Street analysts, CFO Andrew Hobson said pacings are up over 8% for the entire company. He didn’t break out individual units, but did say that all units are pacing positive. That would be TV, radio and interactive.