FX.co ★ ProSiebenSat.1 Reports Adj. Net Income In Q1, Revenues Up 6%; Confirms Full-year Outlook

The ProSiebenSat.1 Group (PBSFF.PK) posted an adjusted net income of 8 million euros in the first quarter, significantly up from a loss of 15 million euros in the previous year. The company's adjusted EBITDA also saw an uptick, growing by 35% to reach 72 million euros.

There was an overall increase in the group's revenues, from 816 million euros the previous year to the current 867 million euros. When considering organic terms, the company's revenues saw a 7% growth. The Entertainment segment's external revenues increased to 554 million euros, marking a 5% rise from the past year.

Regarding future prospects, the company reaffirmed their full-year outlook for all crucial metrics.