ProSieben Posts Higher Q1 Profit

ProSiebenSat.1 Media AG PBSFY reported a rise in its first-quarter net profit. ProSieben's quarterly net profit surged to EUR50.0 million, from EUR40.4 million, in the year-ago period. Its revenue climbed to 562.8 million euros ($736.7 million) from EUR499.4 million, while earnings before interest, tax, depreciation and amortization surged to EUR123.1 million from EUR117.8 million.