ProSiebenSat.1 shares rise after Q2 EBITDA beat

Prosiebensat 1 Media SE

06/08/2026 08:52

** Shares in German broadcaster ProSiebenSat.1 PSMGn.DE rise 5.2% after Q2 earnings beat expectations
** The company says H1 EBITDA improved by €152 million ($175.48 million) to €124 million, helped by reduced programming and personnel spend as well as asset sale
** The broadcaster, controlled by Italy's MFE MFEB.MI, reported Q2 EBITDA of €80 million, above a company-provided consensus of €65 million 
** Its revenue shrank to €1.54 billion in the January to June period, and was down 9% to €768 million, or 2% organically, in Q2, reflecting a competitive market and portfolio effects
** The group confirms its 2026 outlook, still expecting slight organic revenue growth and a high increase in EBITDA
** Shares on track for their best day since the beginning of September 2025, when it closed 7.7% higher
     
     
($1 = 0.8662 euros)

(Reporting by Basile Day)
((Basile.Day@thomsonreuters.com))