November 8, 2017 / 7:29 PM / a year ago

ProSiebenSat 1 cuts guidance again, drops Q4 advertising forecast

FRANKFURT, Nov 8 (Reuters) - German broadcaster ProSiebenSat.1 dropped its outlook for revenues and profits for the year on Wednesday and abandoned a forecast for TV advertising revenues in its home market in the fourth quarter.

Munich-based ProSieben had already cut its advertising market outlook three times and in a regulatory news release issued after market hours, said it would only be able to give an overall statement after the month of December. (Reporting by Douglas Busvine; Editing by Elaine Hardcastle)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below