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.
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