Nov 20 (Reuters) - MFE-MEDIAFOREUROPE NV MFEB.MI:
9M NET PROFIT EUR 243.1 MILLION
9M CONSOLIDATED NET REVENUE EUR 1.94 BILLION
9M EBIT EUR 61.3 MILLION
CEO: “DESPITE A VERY COMPLEX TV MARKET IN SPAIN, IMPACT OF PROSIEBENSAT.1'S FINANCIALS, MFE CONTINUES TO GROW BEYOND EXPECTATIONS”
SEES ADVERTISING REVENUES AT END OF YEAR IN LINE WITH FIRST NINE MONTHS, ON A LIKE-FOR-LIKE BASIS, WITH POSITIVE TREND IN ITALY AND CONTINUED DECLINE IN SPAIN
CONFIRMS ITS ANNUAL TARGET OF ACHIEVING A POSITIVE CONSOLIDATED OPERATING RESULT, NET RESULT AND FREE CASH FLOW
9M GROSS ADVERTISING REVENUE IN ITALY EUR 1.43 BILLION
9M NET FREE CASH FLOW EUR 348.9 MILLION
NET FINANCIAL DEBT ON LIKE-FOR-LIKE BASIS AT SEPT-END EUR 565 MILLION
Further company coverage: MFEB.MI
(Reporting by Gdansk Newsroom)
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