ProSiebenSat.1 Media has kicked the monetary 12 months off in a constructive approach after posting first quarter earnings up 35%.
The Unterföhring-based TV and streaming large made Q1 earnings earlier than curiosity, tax, depreciation and amortization of €72M ($77.7M), a major increase on the beginning of the corporate’s wretched 2023. The corporate mentioned this was regardless of greater program bills.
Revenues grew 6% to €867M, with promoting revenues persevering with to get well. As such, revenues within the German-speaking area of Europe grew 5%.
Extra follows…
