Net debt is now expected to be some 2.9 times earnings before interest, depreciation and amortisation – up from a target already raised to 2.7 times in September.
Channel Five group's operating earnings before interest tax and amortisation fell from a €2m profit in 2008 to a loss of €10m last year.
A 20% increase in digital revenues at Guardian News & Media from £68.3m to £82.1m drove revenues up 3% to £214.6m, helping bring losses before interest, deprecation and amortisation down from £19.4m in the previous year.
That's up from $101m in 2012 – both games launched in the summer of that year – with the company's earnings before interest, tax and amortisation rising from $51m in 2012 to $464m in 2013.
Bradshaw reports that Vice — which recently threw a $250,000 Halloween bash in honor of its 15th anniversary — "expects to increase revenues across the whole business from $45m in 2008 to $64m in 2009, with earnings before interest, taxation, depreciation and amortisation up from $11.4m to $16.7m".
In California, over 60% of all new mortgages this year are interest-only or negative-amortisation, up from 8% in 2002.
However, profits, earnings before interest, tax, depreciation and amortisation fell 18.2% from £86m to £70.2m.
Merrill Lynch predicts that AOL's earnings before interest, tax, depreciation and amortisation could shrink from $1.7 billion in 2002 to $830m by 2005 unless, that is, the company can extract more revenue from subscribers with "HBO-style" premium content.
Thanks to shedding one-fifth of the workforce an unusual move for a German firm, he notes Axel Springer's operating-profit margin (earnings before interest, tax and amortisation) has risen from 9.3% in 2003 to 14% in 2004.
