Last week we featured Central European Media Enterprises (CETV) in our daily newsletter when the stock was trading under $104. Today the stock reached a new 52-week high of $116.02 in advance of the company’s Q3 Financial Results which are expected to be released before the opening bell on the First of November.
Central European Media Enterprises is the leading television broadcaster in Central and Eastern Europe, and operates the following stations: TV NOVA and Galaxie Sport in the Czech Republic, PRO TV, PRO TV International, ACASA, PRO CINEMA and Sport.ro in Romania, TV Markíza in the Slovak Republic, POP TV and Kanal A in Slovenia and Studio 1+1, 1+1 International, Kino and City in Ukraine and Nova TV in Croatia.
The Company began when its founder, Ronald Lauder, imagined a better world where freedom of speech and thought would govern people’s lives; where a consumer economy would power economic growth; and where the growth of independent commercial television would yield great financial returns. Ronald Lauder’s vision has now been realized. Central European Media Enterprises’ great success can be attributed to its strategic business strategy and solid leadership.
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