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ProSiebenSat.1 says profitability, cash flow improvement top priorities

Wednesday 2 June 2021 | 10:15 CET | News
German broadcaster ProSiebenSat.1 plans above all to improve profitability and cash flow, the chair of the executive board Rainer Beaujean said at the company's AGM. The company has tamed the Covid-19 crisis and it is now "optimistic" about the rest of the year, he added. The focus is on further improving the synergies within the group, with the aim of growing sustainably and profitably in all segments. Beaujean said also that advertising revenue strongly recovered in May, "both in absolute terms and in percentage terms". In the fifth month of this year, the advertising revenues stood at the

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