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Mediaset profit and net debt rise in H1

Tuesday 1 October 2019 | 09:54 CET | News
Italian broadcaster Mediaset reported a net profit of EUR 108.9 million in the first 6 months of the year, up 155 percent year on year from EUR 42.8 million in H1 2018, according to the company's final results statement. Mediaset's consolidated operating profit (EBIT) rose 55 percent year on year to EUR 191.6 million but its net debt also increased by a third to around EUR 1.2 billion at the end of June compared with EUR 877 million at the end of December 2018, affected by a share buy-back plan and the acquisition of a 9.6 percent stake in Germany's ProSiebenSat.1 earlier this year.

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Categories: Broadcast & Satellite
Companies: Mediaset / ProSiebenSat.1
Countries: Italy / Spain
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