P7S1 records growth as advertising market rebounds
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.
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