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Sky Italia FY revenues up 4% to GBP 2.5 bln

Thursday 27 July 2017 | 09:53 CET | News
Italian pay-TV provider Sky Italia reported revenues of GBP 2.46 billion in its fiscal year to June, up 4 percent from a year earlier on a constant currency basis, with operating profits reaching GBP 136 million, their highest level for five years. The increased revenues reflected the company's larger customer base, up 41,000 year on year to 4.78 million, and a 6 percent growth in advertising sales, with churn falling to 9.1 percent from 11.1 percent in 2016. However, the company said the April to June period saw a 19,000 decline in customers numbers due to a fall in Telecom Italia

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Categories: Broadcast & Satellite
Companies: Sky / Sky Italia
Countries: Italy
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