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ProSiebenSat.1 revenue up 15% in Q4

Friday 24 February 2017 | 09:19 CET | News
German broadcaster ProSieben has reported a strong increase in revenues in Q4 2016 compared with the year prior due to strong growth in the digital ventures sector. In its full year financial results presentation, ProSieben announced revenue for Q4 2016 came to EUR 1.254 billion, a 15 percent increase on Q4 2015. EBITDA was also up by 10 percent year-on-year, hitting EUR 392 million in Q4 2016. ProSieben's largest business unit, Broadcasting German-speaking, reported growth of 3 percent for Q4 on a year-on-year basis, with Q4 2016 revenue at EUR 704 million.

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