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ProSiebenSat.1 revenues grow 13%, net profit up 10%

Thursday 11 May 2017 | 16:37 CET | News
ProSiebenSat.1 Group reports revenues of EUR 910 million in the first quarter of 2017, 13 percent higher than Q1 2016. At the same time, the adjusted EBITDA grew by 10 percent to EUR 188 million, while adjusted net profit rose by 10 percent to EUR 88 million. The Digital Ventures & Commerce segment substantially contributed to this growth. The segment is growing organically and is benefiting from recent acquisitions. Organic growth of the two digital segments combined amounted to 14 percent. In total, ProSiebenSat.1 already generated 50 percent of its revenues outside the TV advertising

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