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General

Forthnet revenues slide 4% to EUR 285 mln in 2018

Friday 26 April 2019 | 06:39 CET | News
Forthnet saw its total revenues for 2018 fall 4 percent to EUR 285.2 million in 2018. Revenue from advertising improved by 14.0 percent as a result of the continuously upgraded content of Nova's TV programme. Revenue from corporate customers increased by 5.9 percent. EBITDA reached EUR 42.3 million, up by 5.3 percent compared to 2017 due to strict adherence to the company's operational restructuring plan, while EBITDA margin rose 1.3 percent to 14.8 percent in 2018.

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Categories: General
Companies: Forthnet / Nova
Countries: Greece
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