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Mediaset H1 profit soars on lower pay-TV costs

Thursday 25 July 2019 | 12:51 CET | News
Italian broadcaster Mediaset reported a net profit of around EUR 109 million in the first 6 months of the year, up 151 percent year on year from EUR 42.8 million in H1 2018 in a preliminary set of results published ahead of the full figures due on 30 September. In a short statement, the company said its consolidated operating profit rose 55 percent year on year to EUR 192 million, describing the results as "significant given the forecasted fall in the group's total revenues".

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