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Mediaset revenues down 10% in 2020, revives plan to move legal base to Netherlands

Tuesday 27 April 2021 | 14:31 CET | News
Italian broadcaster Mediaset reported full-year revenues of EUR 2.64 billion in 2020, down 9.9 percent year on year, due to losses attributed to the Covid-19 crisis, partially offset by cost cuts and higher domestic advertising sales in the second half of 2020. The company's consolidated operating profit (EBIT) slumped to EUR 269.7 million in 2020 from EUR 354.6 million in 2019, with the figure falling to EUR 38.5 million from EUR 91.3 million in Italy and to EUR 230.5 million from EUR 264.9 million in Spain.

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Categories: Broadcast & Satellite
Companies: Mediaset / Vivendi
Countries: Italy / Spain
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