Spain: Mediaset sees record profit
July 28, 2016
From David Del Valle in Madrid
Mediaset Spain is breaking new records in terms of profits. The most profitable media company in the country reported profits of €117.7 million in the first half of the year, up 20.3 per cent against the same period last year.
EBITDA reached €160 million, €40.5 million more than the same period last year, with the company claiming to have the highest EBITDA in a six-month period since 2008.
Total revenues amounted to €521.6 million, up 9 per cent, with ad revenues reaching €489.1 million, up 7.7 per cent.
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