Pro Sieben Sat 1 – Business is going well – Economy

The TV group Pro Sieben Sat 1 posted record advertising income and has therefore slightly raised its forecast for the current year. Board spokesman Rainer Beaujean said: “We achieved the highest advertising revenues and the highest sales in a third quarter.” He promised the shareholders a higher dividend. The adjusted consolidated net profit should now be “significantly” above the previous year’s figure of 221 million euros. Silvio Berlusconi, former Italian Prime Minister and the sole major shareholder of Pro Sieben Sat 1 with almost 24 percent of the shares, is said to be loud Business Insider Nevertheless, be dissatisfied with Beaujean: Berlusconi does not want to extend the broadcaster’s contract, which expires in June, and three positions on the supervisory board.

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