11 Doubts You Should Clarify About Insure Us | Insure Us
SAN ANTONIO, Feb. 27, 2020 /PRNewswire/ -- Clear Channel Alfresco Holdings, Inc. (NYSE: CCO) ("the Company") these days seem banking after-consequences for the analysis and year concluded December 31, 2019.
"2019 changed into a transformative 12 months for Clear Channel Outdoor," stated William Eccleshare, Worldwide Chief Executive Officer of Clear Channel Alfresco Holdings, Inc. "Our antecedence has been and is still capitalizing at the axiological spine of the out-of-domestic industry, decidedly within the Americas which bills for about 70% of OIBDAN and delivered 7% revenue, sixteen% operating income, and nine% OIBDAN enhance in 2019.
"In addition, we abide to actively appraise brought possibilities to introduced boost our basic shape, pay bottomward debt and alleviate actor cost. This may also accommodate abeyant tendencies, to the admeasurement we take delivery of an befalling to strengthen this aisle to cost, and thoroughly displays the imminent bulk of a enterprise or area. Our consciousness is on demography the all-critical accomplish to de-lever our antithesis sheet, beautify our banking flexibility, and advance in era to force advance in our university allowance markets, decidedly inside the Americas.
"Through the abiding adherence and difficult-work of our teams, we abide to administer the business thru evolving bazaar dynamics whilst desirable our adeptness to accommodated our assertion partners' wishes and accession ourselves to accomplish our eyes of creating a unique, accumulation attain, media platform. I am confident in our adeptness to assassinate on our cardinal plan in 2020 and above as we abide to booty a acclimatized admission in energetic sustainable, assisting bulk for our shareholders."
Key Banking Highlights
The Company's key banking highlights for the fourth evaluation of 2019, in comparison to the aforementioned aeon of 2018, consist of:
The Company's key banking highlights for the abounding year of 2019, compared to 2018, consist of:
On May 1, 2019, the Aggregation afar from iHeartMedia, Inc. ("iHeartMedia") (the "Separation) in association with iHeartMedia's actualization from bankruptcy.
Additionally, the Aggregation accessed the simple markets numerous times this yr to affair disinterestedness and refinance debt, regular in an bigger antithesis sheet, more potent banknote breeze bearing and linked adeptness profile. Refer to the "Liquidity and Banking Position" place of this columnist absolution for added information.
Key Non-Financial Highlights
The Company's key fourth analysis non-financial highlights include:
Americas:
International:
Guidance and Outlook
GAAP Measures by way of Segment
SAN ANTONIO, Feb. 27, 2020 /PRNewswire/ -- Clear Channel Alfresco Holdings, Inc. (NYSE: CCO) ("the Company") these days seem banking after-consequences for the analysis and year concluded December 31, 2019.
"2019 changed into a transformative 12 months for Clear Channel Outdoor," stated William Eccleshare, Worldwide Chief Executive Officer of Clear Channel Alfresco Holdings, Inc. "Our antecedence has been and is still capitalizing at the axiological spine of the out-of-domestic industry, decidedly within the Americas which bills for about 70% of OIBDAN and delivered 7% revenue, sixteen% operating income, and nine% OIBDAN enhance in 2019.
"In addition, we abide to actively appraise brought possibilities to introduced boost our basic shape, pay bottomward debt and alleviate actor cost. This may also accommodate abeyant tendencies, to the admeasurement we take delivery of an befalling to strengthen this aisle to cost, and thoroughly displays the imminent bulk of a enterprise or area. Our consciousness is on demography the all-critical accomplish to de-lever our antithesis sheet, beautify our banking flexibility, and advance in era to force advance in our university allowance markets, decidedly inside the Americas.
"Through the abiding adherence and difficult-work of our teams, we abide to administer the business thru evolving bazaar dynamics whilst desirable our adeptness to accommodated our assertion partners' wishes and accession ourselves to accomplish our eyes of creating a unique, accumulation attain, media platform. I am confident in our adeptness to assassinate on our cardinal plan in 2020 and above as we abide to booty a acclimatized admission in energetic sustainable, assisting bulk for our shareholders."
Key Banking Highlights
The Company's key banking highlights for the fourth evaluation of 2019, in comparison to the aforementioned aeon of 2018, consist of:
The Company's key banking highlights for the abounding year of 2019, compared to 2018, consist of:
On May 1, 2019, the Aggregation afar from iHeartMedia, Inc. ("iHeartMedia") (the "Separation) in association with iHeartMedia's actualization from bankruptcy.
Additionally, the Aggregation accessed the simple markets numerous times this yr to affair disinterestedness and refinance debt, regular in an bigger antithesis sheet, more potent banknote breeze bearing and linked adeptness profile. Refer to the "Liquidity and Banking Position" place of this columnist absolution for added information.
Key Non-Financial Highlights
The Company's key fourth analysis non-financial highlights include:
Americas:
International:
Guidance and Outlook
GAAP Measures by way of Segment
(In heaps)
Three Months EndedDecember 31,
%Change
Years EndedDecember 31,
%
Change
2019
2018
2019
2018
Revenue:
Americas
$
344,904
$
330,158
4.Five%
$
1,273,018
$
1,189,348
7.0%
International
400,328
417,430
(4.1)%
1,410,792
1,532,357
(7.Nine)%
Consolidated Revenue
$
745,232
$
747,588
(0.Three)%
$
2,683,810
$
2,721,705
(1.4)%
Direct operating and SG
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