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ProsiebenSat.1 Q2 revenue rises 48% as advertising revenue recovers from weak comparables

Thursday 5 August 2021 | 15:16 CET | News
German broadcaster ProSiebenSat.1 has reported that revenue in the second quarter grew by 48 percent to EUR 1.05 billion from EUR 709 million and that adjusted EBITDA increased more than sevenfold to EUR 166 million from EUR 23 million. Significant growth in advertising revenues was the main force behind the recovery compared with Q2 2020, which was severely hit by the pandemic. At the same time, the group said its diversification policy is starting to pay off.

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