Advertisement
Canada markets open in 4 hours 47 minutes

  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CAD/USD

    0.7314
    +0.0016 (+0.22%)
     

  • CRUDE OIL

    83.15
    +0.34 (+0.41%)
     

  • Bitcoin CAD

    87,280.98
    -3,714.62 (-4.08%)
     

  • CMC Crypto 200

    1,363.05
    -19.53 (-1.41%)
     

  • GOLD FUTURES

    2,338.80
    +0.40 (+0.02%)
     

  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • NASDAQ futures

    17,481.75
    -182.75 (-1.03%)
     

  • VOLATILITY

    16.20
    +0.23 (+1.44%)
     

  • FTSE

    8,092.61
    +52.23 (+0.65%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • CAD/EUR

    0.6816
    -0.0003 (-0.04%)
     

ProSieben raises full-year target a third time after Q3 results

Reuters
Updated ·1 min read
FILE PHOTO: The logo of German media company ProSiebenSat.1 in front of its headquarters in Unterfoehring

BERLIN (Reuters) - German broadcaster ProSiebenSat.1 Media on Thursday raised its 2021 full-year guidance for a third time this year after reporting a 15% jump in third quarter revenue at 1.06 billion euros ($1.23 billion).

Its advertising business in the entertainment segment in particular surpassed its pre-pandemic levels, growing 18% year-on-year in the quarter, ProSieben said.

The company is now aiming for revenue of 4.45 billion to 4.55 billion euros for the full year, an increase of 10% to 12% year-on-year.

($1 = 0.8633 euros)

(Reporting by Miranda Murray; Editing by Riham Alkousaa)