Mediaset ends 2018 with €471m profit

Despite the difficulties experienced by the entire international media sector, Italian commercial broadcaster Mediaset reported a significant increase in consolidated net profit of €471 million, compared with €90 million in 2017.

The result was impacted by the IPO of tower unit Ei Towers, generating a capital gain of €498.2 million. The total contribution to profit from discontinued operations was €520 million.

Source: Mediaset ends 2018 with €471m profit