Berlusconi family's MFE 2025 net profit rises to $355 million

Mfe-mediaforeurope NV

15/04/2026 17:47

April 15 (Reuters) - MFE-MediaForEurope MFEB.MI reported a rise in its full-year net profit to 300.7 million euros ($355 million) on Wednesday, more than doubling last year's earnings after completing the acquisition of German broadcaster ProSiebenSat.1 PSMGn.DE.

The TV group controlled by Italy's Berlusconi family said it expects 2026 to be a transitional year, after "transformational deals that have significantly reshaped" its scale.

With the acquisition of 75.6% of ProSiebenSat.1 and 32.9% of Portugal's Impresa, MFE will operate in six European countries.

MFE confirmed net profit more than doubled in 2025

2025 EBIT fell by 33% to 238.6 million euros from last year, hit by restructuring expenses and transaction costs

Group net advertising revenues rose to 3.24 billion euros in 2025, from 2.7 billion euros in 2024

MFE says 2026 began with positive first quarter in Italy, while Spain and Germany remain in negative territory

MFE proposes dividend of 0.22 euros per share

MFE says target for 2026 is to improve profitability and generate free cash flow on consolidated basis

Net financial debt at year-end stood at 2.70 billion euros, down from 2.85 billion euros at the end of September.

($1 = 0.8476 euros)

(Reporting by Anna Uras; Editing by Cristina Carlevaro and Alexander Smith)

((Anna.Uras@thomsonreuters.com))