ProSiebenSat.1 cuts targets again
German free-to-air broadcasting group ProSiebenSat.1 has issued its third profits warning of the year, and the market has all but abandoned the company’s stock. A note to investors from investment bank Berenberg says that management changes could be the consequence. Just two years ago (on November 20th 2015) Pro7/Sat1 share price topped €50. The decline […]