BERLIN (dpa-AFX) - Commercial broadcaster ProSiebenSat.1 Media AG's (PBSFF.PK) second-quarter 2014 recurring EBITDA advanced 4.8% to 219.1 million euros, from the year-ago quarter's 209.2 million euros. On an underlying basis, net income for the recent period amounted to 108.1 million euros.
The Group increased its quarterly consolidated revenues by 10.6% to 691.1 million euros, from the prior year's 624.8 million euros, to which all segments contributed.
Looking ahead, the Group reaffirmed its full-year 2014 targets, still expecting an increase in Group revenues by a mid to high single-digit percentage. It is also anticipating that, on a full-year basis, both recurring EBITDA and underlying net income would exceed the prior year's level. Further, the Group underscores its long-term growth targets and by 2018 expects additional revenues of 1 billion euros compared to 2012.
Copyright RTT News/dpa-AFX