German pay television operator Sky Deutschland AG (SKDTY.PK, SKDTF.PK) reported a narrower fourth-quarter net loss of 90.2 million euros compared with last year's 139.4 million euros. Pre-tax loss reduced to 89.0 million euros from 135.1 million euros a year ago.
Quarterly revenues increased 17% to 308.9 million euros from 264.0 million euros in the prior-year quarter.
Moving ahead, the company expects 2012 EBITDA to be significantly better than 2011, as well as anticipating full-year 2013 EBITDA to be positive.
For comments and feedback: editorial@rttnews.com