BREAKING NEWS
This content is not available in your region

ProSieben lifts outlook as entertainment, e-commerce bolster first quarter

Access to the comments Comments
ProSieben lifts outlook as entertainment, e-commerce bolster first quarter
ProSieben lifts outlook as entertainment, e-commerce bolster first quarter   -   Copyright  (c) Copyright Thomson Reuters 2021. Click For Restrictions - https://agency.reuters.com/en/copyright.html
Text size Aa Aa

BERLIN (Reuters) – German broadcaster Prosiebensat.1 Media raised its outlook for revenue and profit this year, as its strategy of diversifying away from relying on television advertising helped it eke out top-line growth.

Revenue growth of 1% and a 9% decline in core profit in the first quarter both slightly beat market expectations, lifted by strength in ProSieben’s television productions and sales, and in its dating and e-commerce divisions.

(Reporting by Douglas Busvine, editing by Kirsti Knolle)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.