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TV: Pro Sieben Sat 1 makes surprisingly high profits thanks to austerity measures - TV advertising market is weakening

Strict cost reductions and the sale of peripheral businesses brought the TV group an operating result of 80 million euros in the second quarter. Analysts had only expected half that amount.

Translated from German Read in German

TV: Pro Sieben Sat 1 makes surprisingly high profits thanks to austerity measures - TV advertising market is weakening

We haven't written up this one. Handelsblatt has the full story — the link below goes straight to it.

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