Grupo Televisa SAB ADR

TV: XNYS (USA)

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Televisa Earnings: Margins Gains Were Impressive, but Competition Remains Fierce

Michael Hodel

Apr 30, 2026

Televisa's sales declined 3% during the first quarter, the best result in nearly three years. With four straight quarters of broadband customer additions, cable revenue returned to growth, up 1%. The decline at Sky continues to worsen. The EBITDA margin expanded sharply to 41% from 37% a year ago.

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Grupo Televisa SAB ADR

Televisa Earnings: Margins Gains Were Impressive, but Competition Remains Fierce

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