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ProSiebenSat.1 sees revenues fall 3%, confirms FY outlook

Wednesday 9 May 2018 | 13:15 CET | News
ProSiebenSat.1 confirmed its financial targets for the 2018 financial year based on these results. The company expects that revenues will increase in 2018 in the "lower to middle single-digit range", while its profit margin should fall somewhere in the mid-20 percent range based on adjusted EBITDA and be in line with last year's result. Adjusted EBITDA is expected to fall during the second and third quarters compared to the previous year due to consolidation effects from transactions as well as seasonal effects, before picking up again in the fourth quarter of 2018. The company said it

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