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Mediaset FY sales dip to EUR 3.4 bln, profits soar on EI Towers deal

Thursday 14 March 2019 | 10:16 CET | News
Italian broadcaster Mediaset reported revenues of EUR 3.40 billion in 2018, a slight decline from EUR 3.55 billion in 2017 due to a slowdown in the international media sector as a whole. However, the company was keen to stress that its consolidated net profit soared to EUR 471.3 million from EUR 90.5 million a year earlier due to the acquisition by Italian infrastructure fund F2i of shares in tower operator EI Towers, which generated a capital gain of EUR 498.2 million.

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Categories: Broadcast & Satellite
Companies: Mediaset
Countries: Italy / Spain
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