Mediaset Spain’s best results in 8 years
October 28, 2016
From David Del Valle in Madrid
Mediaset Spain, owner of Tele 5 and Cuatro among other channels, made a profit of €131.8 million until September, up 15.8 per cent against the same period last year.
The company managed an EBITDA of €184.4 million, up 27.8 per cent with an EBIT of €170.7 million, up 29.9 per cent.
These results are the best financial performance of the company over the last 8 years with TV ad revenues reaching €667.1 million, up 5.1 per cent. Total turnover amounted to €711.7 million, up 5.5 per cent.