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ProSiebenSat.1 confirms FY outlook, launches new three-pillar structure

Wednesday 6 December 2017 | 15:33 CET | News
Germany's ProSiebenSat.1 has announced it is launching a new three-pillar organizational setup beginning in January 2018 and confirmed its outlook for the 2017 financial year. At a capital markets day, the group said it expects revenues will increase in the mid-single digit percentage range, while adjusted EBITDA and adjusted net income will "slightly exceed" the levels of 2016. ProSiebenSat.1 also confirmed it will maintain its dividend policy with a payout ratio of 80-90 percent of underlying net income.

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Categories: Broadcast & Satellite / Internet
Companies: ProSiebenSat.1
Countries: Germany
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