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Mediaset Q1 sales down 5% to EUR 682 mln, profit plunges 47%

Wednesday 13 May 2020 | 09:41 CET | News
Italian broadcaster Mediaset reported revenues of EUR 682.1 million in the first 3 months of 2020, down 5 percent from EUR 718.2 million in the year earlier period, affected by a rapidly declining advertising market in both Italy and Spain due to the effects of the coronavirus (Covid-19) outbreak. The company said ad revenues in the Italian market fell to EUR 427.5 million in the first quarter compared to EUR 483.6 million a year earlier, while in Spain they dropped from EUR 223.7 million to EUR 202.8 million.

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