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Mediaset profit more than doubles to EUR 213 mln in H1

Wednesday 27 September 2017 | 09:09 CET | News
Italian broadcaster Mediaset reported revenues of EUR 1.85 billion in the first six months of the year, down 1.3 percent from EUR 1.87 billion in the year earlier period. However, the company more than doubled its operating profit (EBIT) to EUR 212.3 million from EUR 96.1 million the previous year. In a statement, Mediaset said a positive trend in advertising would allow it to post an operating and net profit for the full year despite the continued turbulence caused by Vivendi's aborted deal for its Premium unit., which cost it EUR 341.3 million and an overall loss in last year's results.

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Categories: Broadcast & Satellite
Companies: Mediaset / Telecom Italia / Vivendi
Countries: Italy
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