UPDATE 1-Sky Deutschland expects to turn core profit this year

Thu Feb 28, 2013 2:56am EST

* Predicts positive EBITDA in 2013, strong growth beyond

* 2012 EBITDA loss narrows to 51.1 mln euros (Adds details, background)

FRANKFURT Feb 28 (Reuters) - Loss-making German pay-TV operator Sky Deutschland said it would turn a core profit this year and predicted strong growth thereafter.

The group said on Thursday it expected to make a profit before interest, taxes, depreciation and amortisation after its operating loss narrowed to 51.1 million euros ($67 million) last year, when it benefited from a busy summer of sporting events.

Live sport broadcasts, movies and TV-series will attract viewers in the future, it added.

Sky Deutschland has made a profit in only one year since it was founded in the early 1990s, while it has invested about a billion euros in the business.

Earlier this year, Sky raised capital with shareholder News Corp increasing its stake to 54.5 percent.

($1 = 0.7628 euros) (Reporting by Ludwig Burger; Editing by Mark Potter)