UPDATE 1-CME reiterates 2006 revenues, EBITDA outlook

(Adds CEO quotes, details, stock price)

PRAGUE, Dec 6 (Reuters) - Television broadcaster Central European Media Enterprises (CME) <CETVsp.PR> <CETV.O> reiterated on Wednesday its outlook for 2006 revenues and profit and forecast fast growth in the coming years.

The company forecast full-year 2006 revenues of $585 million and segment EBITDA of $204 million.

Segment earnings before interest, tax, depreciation and amortisation measures performance in individual countries where the group operates and excludes certain corporate expenses and other items.

The forecasts were released in materials accompanying the company's investor presentation in London.

Chief Executive Michael Garin said told the meeting, broadcast live on the Internet, that growing economies and advertising in central and eastern Europe would make CME stand out among television firms.

"We are very confident our revenues will double between four and five years and that our margins will slightly expand while we do that, which means that our EBITDA will slightly more than double," he said.

"This will make CME one of the fastest-growing traditional media companies in the world."

CME operates television stations in the Czech Republic, Slovakia, Ukraine, Croatia, Slovenia and Romania.

It reported third-quarter 2006 revenues of $112.5 million, $3.9 million net profit and segment EBITDA of $26 million.

The stock traded 0.45 percent up at 1,568 crowns in Prague, beating the flat PX <.PX> blue-chip index. ((Reporting by Jan Lopatka, editing by Alan Crosby, Quentin Bryar; prague.newsroom@reuters.com; Reuters Messaging: jan.lopatka.reuters.com@reuters.net; +420-224 190 474))

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Keywords: CME OUTLOOK/