The incorrect number can be found on page 17 in the interim report and relates to the adjustment for item ‘Interest expense’ under ‘Cash flows from operating activities’ as reflected in Catena Media's cash flow statement.
For the period July - September 2019, ‘Interest expense’ should amount to EUR 1.7m (previously EUR 4.665m). For the period January - September 2019, ‘Interest expense’ should amount to EUR 7.3m (previously EUR 10.282m). As a result of these corrections, the movement in ‘Trade and other payables’ has been decreased to EUR 1.5m for the periods (previously approx. EUR 4.5m). The ‘Net cash generated from operating activities’ will not change and hence there is no cashflow impact.
The figures have been updated in the Interim report for the third quarter 2019, which has been corrected on the Catena Media website https://www.catenamedia.com/investors/reports/quarterly/
For further information, please contact:
Erik Edeen, interim Group CFO, Catena Media plc
Phone: +46 768 47 23 19, E-mail: email@example.com
Åsa Hillsten, Head of IR & Communications, Catena Media plc
Phone: +46 700 81 81 17, E-mail: firstname.lastname@example.org
About Catena Media
Catena Media provides companies with high-quality online lead generation. Through strong organic growth and strategic acquisitions, Catena Media has since 2012 established a leadingmarket position with approximately 390 employees in the US, Australia, Japan, Serbia, UK, Sweden, Italy and Malta (HQ). Total sales in 2018 reached EUR 105.0m. The company is listed on Nasdaq Stockholm Mid Cap.Further information is available at www.catenamedia.com.