Broadcast group ProSiebenSat.1 recorded a sharp increase in profit in the first three months of the year as the German advertising market recovered from last years downturn.
The broadcaster posted revenues of Â658.4m, a 5% increase year-on year. EBITDA profit was up 37.1%, taking the total to Â128.6m.
ICYMI: KKR plans German media powerhouse with Tele München acquisition. digitaltveurope.com/2019/02/21/kkr… https://t.co/hXZUVsq0Bt
21st February 2019