Mediaset Spain has achieved a record profit of €50 million in the first quarter of the year, up 37.8 per cent on the same period last year and the highest numbers in the last eight years.

The company had an EBITDA of €70.8 million, up 51.6 per cent year-on-year with a net turnover of €230.7 million, up 4.6 per cent on the same period last year.

TV ad revenues reached €214.1 million, up 3 per cent, with the company reducing its operational costs by 7.6 per cent up to €163.2 million.

Other posts by :

1. Italy joins Germany in IRIS2 alternate thoughts
2. Kazakhstan to create museum at Yuri Gagarin launch site
3. AST SpaceMobile gets $42 or $1500 price target
4. Analyst: GEO bloodbath taking place
5. SES AGM results: Appaloosa still objecting
6. SpaceX’s Shotwell worth $1.2bn
7. SpinLaunch’s revolutionary plan for 280 satellites
8. Consolidation impacts satellite sector
9. Project Kuiper plans first satellite launch

Categories: Articles, Broadcast, Business, Results