|Bid||17.76 x 15900|
|Ask||17.76 x 3600|
|Day's Range||17.60 - 17.81|
|52 Week Range||7.52 - 18.61|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||15.06|
|Earnings Date||May 12, 2021|
|Forward Dividend & Yield||0.49 (2.78%)|
|Ex-Dividend Date||Jun 02, 2021|
|1y Target Est||21.78|
ProSiebenSat.1 has taken the unusual step of providing some insight on its fourth-quarter earnings before the financials have been audited. And it’s good news for the German broadcasting giant, which said its revenue of €4 billion ($4.9B) topped expectations despite the tumult of the coronavirus pandemic. Commercial broadcasters came under particular pressure last year after […]
German broadcaster ProSiebenSat.1 Media returned to profit in the third quarter as it recovered from a pandemic-induced hit in the spring, and reinstated its guidance for the full year. The Munich broadcaster, being restructured by CEO Rainer Beaujean under the gaze of potential acquirers, reported adjusted net profit of 29 million euros ($34 million), down 36% year-on-year but up from a second-quarter loss of 52 million. Adjusted core profit was ahead by 13% year-on-year as advertising recovered, cost cuts kicked in and the group's e-commerce portfolio expanded.
ProSiebenSat.1 Media on Friday reported a net loss in the second quarter as the coronavirus pandemic hammered advertising, but said it had the financial strength to ride out the crisis as it saw initial signs of recovery in July. The German broadcaster has hunkered down under CEO Rainer Beaujean, who took over the top job in March just as coronavirus sent Europe into lockdown, knocking advertising revenue lower by 40% as marketers retrenched. "In our core markets of Germany, Austria and Switzerland, the economic environment is beginning to brighten," said Beaujean.