Sky Deutschland Q3 subscriber number misses consensus


(Corrects EBITDA number in paragraph 4 to 29.2 mln euros, not392.7 mln)

FRANKFURT, Nov 5 (Reuters) - German pay-TV operator SkyDeutschland added fewer subscribers during thethird-quarter than expected.

The company, which is majority-owned by Rupert Murdoch'sentertainment company 21st Century Fox, said on Tuesdayit had won 76,000 new subscribers, a key measure for investorsto estimate when the broadcaster will make a net profit.

That was below average expectations of 81,500 in a Reuterspoll, with individual estimates of four analysts ranging from80,000-85,000.

Third-quarter earnings before interest, tax, depreciationand amortisation (EBITDA) rose 57 percent to 29.2 million euros($39.45 million).

Sky Deutschland said it still expected to end the currentyear with a positive EBITDA, with further strong growth nextyear.

($1 = 0.7402 euros) (Reporting by Harro ten Wolde; Editing by Maria Sheahan)

View Comments (0)