German pay television operator Sky Deutschland AG (SKDTY.PK,SKDTF.PK) posted a narrower first-quarter pre-tax loss of 72.8 million euros, compared with 87.5 million euros loss last year. Quarterly net loss reduced to 73.0 million euros from 86.9 million euros a year before.
Including 11 million euros phasing impact from broughtforward football match days, EBITDA improved by 26% to negative 40.6 million euros, from a negative 55.0 million euros in the comparable period in 2011.
Revenue went up 18.3% to 318.4 million euros from 269.3 million euros in the prior-year quarter.
Full-year 2012 EBITDA is expected to be significantly better than 2011, and full-year 2013 EBITDA anticipated to be positive, and to grow strongly thereafter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.