ProSiebenSat.1 raises outlook following stellar ad growth

German commercial broadcast group ProSiebenSat.1 has raised its full-year outlook after posting strong revenue growth for the third quarter, driven by ad revenues in particular. The company posted revenues of €1.055 billion, up 15%, with EBITDA up almost 9% to €162 million.

Source: ProSiebenSat.1 raises outlook following stellar ad growth