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ProSiebenSat.1 sees record FY revenues, raises dividend

Thursday 22 February 2018 | 14:50 CET | News
German broadcaster ProSiebenSat.1 said its revenues grew 7 percent in 2017 to a record EUR 4.08 billion, up from EUR 3.80 billion one year previously. Adjusted EBITDA meanwhile grew 3 percent last year to EUR 1.05 billion, while adjusted net income likewise climbed 3 percent to EUR 550 million. The company said its strong revenue growth reflected the success of its strategic decision to diversify earnings outside TV advertising markets. Earnings outside of TV advertising accounted for 51 percent of its total revenues in 2017, up from 47 one year previously.

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