DGAP-Adhoc: ProSiebenSat.1 Media AG: ProSiebenSat.1 Exceeds Earnings Expectations for Q1 2010

 | Source: EQS Group AG EQS Group AG 

ProSiebenSat.1 Media AG / Quarter Results

29.04.2010 10:25 

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

ProSiebenSat.1 Exceeds Earnings Expectations for Q1 2010 / Recurring EBITDA
Increases by 37 Percent, to EUR 129 Million

Munich, April 29, 2010. The ProSiebenSat.1 Group has increased its
recurring EBITDA for the first quarter of 2010 (operating earnings before
non-recurring effects) to EUR 128.6 million. This is equivalent to growth
of EUR 34.8 million, or 37.1 percent, compared to the same quarter last
year. Thus the ProSiebenSat.1 Group exceeded market expectations. The net
income for the period (after taxes and non-controlling interests) was also
above expectations, increasing to EUR 21.2 million (Q1 2009: EUR -1.7
million).

This positive performance particularly resulted form higher TV advertising
revenues in the Group's core market Germany. External revenues at the
German-speaking Free TV segment (Germany, Austria, Switzerland) gained a
total of EUR 27.9 million, or 7.2 percent, to reach EUR 416.7 million. The
International Free TV segment's contribution to revenues rose to EUR 160.8
million for Q1 2010 - an increase of EUR 6.9 million, or 4.5 percent,
against last year - primarily as a result of higher distribution income.

The Group's total revenues were up EUR 31.4 million, or 5.0 percent, to EUR
658.4 million. Recurring costs for the period were in line with last year's
level, at EUR 532.2 million (Q1 2009: EUR 536.3 million).

Net financial debt at the end of the quarter, at EUR 3.431 billion, was
down EUR 81 million from the comparable figure from last year (March 31,
2009: EUR 3.512 billion).

The ProSiebenSat.1 Group will release its full interim financial report for
the quarter ending March 31, 2010, on May 6, 2010.

Julian Geist

Corporate Communications

ProSiebenSat.1 Media AG

Medienallee 7

D-85774 Unterföhring

Phone +49 [89] 95 07-11 51

Fax +49 [89] 95 07-911 51

E-mail:

Julian.Geist@ProSiebenSat1.com

Katrin Schneider

Corporate Communications

ProSiebenSat.1 Media AG

Medienallee 7

D-85774 Unterföhring

Phone +49 [89] 95 07-11 64

Fax +49 [89] 95 07-911 64

E-mail:

Katrin.Schneider @ProSiebenSat1.com

Press release online:

www.ProSiebenSat1.com


29.04.2010 10:25 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]

---------------------------------------------------------------------------
 
Language:     English
Company:      ProSiebenSat.1 Media AG
              Medienallee 7
              85774 Unterföhring
              Deutschland
Phone:        +49 (0)89 9507-1151
Fax:          +49 (0)89 9507-1184
E-mail:       julian.geist@ProSiebenSat1.com
Internet:     www.prosiebensat1.com
ISIN:         DE0007771172
WKN:          777117
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hannover, München, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------