ZF English

Sound growth for ProTV in 2003

27.02.2004, 00:00 10



ProTV, Acasa TV and ProTV International television stations witnessed sound, sustained growth in their financial results last year, therefore significantly contributing to the overall performance of US-based TV broadcasting company Central European Media Enterprises (CME), the majority shareholder of the three networks. The net revenues derived from ProTV, Acasa TV and ProTV International amounted to $51.177 million, up 52.55% from 2002. The segment EBITDA went up to $12.206 million compared with $6.347 million in 2002, which accounts for 92.3% growth. ProTV maintained its leading position on the Romanian market in 2003, as well. ZF



 

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