MEEDIA – Mar 3 – The TV group ProSiebenSat.1 (P7S1) was able to keep its sales stable in 2020 at €4.05B the profit for the shareholders fell by 35%. Adjusted EBITDA was €706M, compared to €872M in the previous year. The ParshipMeet Group increased its operating result and is planning an IPO. In the last quarter of 2020, the P7S1 Group's sales rose by 11% to €1.5B (previous year: €1.3B). ProSiebenSat.1 holds 53% of the ParshipMeet Group; the investor General Atlantic and the management hold the rest. The group is to IPO next year.
by Thomas Borgböhmer
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