ProSiebenSat.1 adds €159 million to EBITDA

ProSiebenSat.1 increased nine-month EBITDA by one hundred fifty-nine million euros to one hundred ninety-eight million despite declining revenue.

“ProSiebenSat.1 increased nine-month EBITDA by one hundred fifty-nine million euros to one hundred ninety-eight million despite declining revenue. Cost reductions more than offset weaker sales, demonstrating how aggressively European media groups are defending profitability during a difficult advertising cycle.”