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    Prosiebensat beats profit expectations

    Picture of Mfe-mediaforeurope NV logoMfe-mediaforeurope NV
    13/05/2026 06:33
    May 13 (Reuters) - German media group ProSiebenSat.1 Media PSMGn.DE on Wednesday reported first-quarter core profit above expectations, citing its focus on cost management.

The company, controlled by Italy's MFE MFEB.MI after a 2025 acquisition, said its adjusted earnings before interest, taxes, depreciation and amortization were 44 million euros  ($51.63 million) in the quarter, compared with 37 million euros predicted by a company-provided consensus.

($1 = 0.8523 euros)

 (Reporting by Cian Muenster; Editing by Matt Scuffham)

 ((cian.muenster@thomsonreuters.com; +48 58 746 92 01;))

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