ProSiebenSat.1Media has kicked the financial year off in a positive way after posting first quarterearningsup 35%.
The company said this was in spite of higher program expenses.
Revenues grew 6% to 867M, with advertising revenues continuing to recover.
ProSiebenSat.1 officesMatthias Balk/picture alliance via Getty Images
As such, revenues in the German-speaking region of Europe grew 5%.
It is set to launch in Switzerland in June.
External revenues at the pivotal Entertainment division increased 5% 554M.
Organic growth was up a similar level.
Ratings for the German TV stations improved 0.2% among 20-59s.
