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ProSiebenSat.1 lowers FY outlook after slow growth in Q3

Thursday 9 November 2017 | 11:57 CET | News
German broadcaster ProSiebenSat.1 has lowered its outlook for full-year results, hurt by the weak ad market in Germany, lower production business and divestments. It now expects mid-single digit percentage growth in revenues, rather than a high single-digit, and adjusted EBITDA and net profit will only "slightly exceed" the previous year's level. 

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