ProSiebenSat.1 with significantly higher revenues and earnings
A few days after the failed takeover by Springer-Verlag, ProSiebenSat.1 released its preliminary annual figures for 2005.
ProSiebenSat.1 is presenting a few days after the
takeover by the Springer publishing house, the provisional
annual figures for 2005. Germany's largest commercial
Television company assumes a turnover of 1.990 billion euros,
which corresponds to an increase of 8.4 % compared to the previous year. The
Earnings before interest, taxes, depreciation and amortization (EBITDA) at 418.5
million euros, 30 % higher than in 2004.
Pre-tax profit and net profit for the year increased significantly: the former
increased by 61 % to 350.7 million euros, the latter by 65 % to 220.9
million euros.
The significant increase in EBITDA and earnings before taxes leads the
company on the increase in sales in the second half of the year and in particular
in the fourth quarter. In the last quarter of last year
the Group's turnover grew by 18 % to 636.0 million euros.
takeover by the Springer publishing house, the provisional
annual figures for 2005. Germany's largest commercial
Television company assumes a turnover of 1.990 billion euros,
which corresponds to an increase of 8.4 % compared to the previous year. The
Earnings before interest, taxes, depreciation and amortization (EBITDA) at 418.5
million euros, 30 % higher than in 2004.
Pre-tax profit and net profit for the year increased significantly: the former
increased by 61 % to 350.7 million euros, the latter by 65 % to 220.9
million euros.
The significant increase in EBITDA and earnings before taxes leads the
company on the increase in sales in the second half of the year and in particular
in the fourth quarter. In the last quarter of last year
the Group's turnover grew by 18 % to 636.0 million euros.
