ProSiebenSat.1 Group closes 2020 with strong fourth quarter: Growth of 11% in revenues and 12% in adjusted EBITDA
2020 results
Revenue increase in the fourth quarter driven by growth in all segments
Group revenues for the full-year with EUR 4.047 billion only slightly below previous year; Group closes 2020 with adjusted EBITDA of EUR 706 million and adjusted net income of EUR 221 million
Net financial debt reduces from EUR 2.245 billion to EUR 1.968 billion
Executive Board and Supervisory Board propose dividend of EUR 0.49 per share
2021 outlook
ProSiebenSat.1 focuses even more strongly on synergies as well as on profitable growth and from now on reports in the segments Entertainment, Dating and Commerce & Ventures
Full-year outlook: ProSiebenSat.1 targets revenue growth to between EUR 4.150 billion and EUR 4.350 billion and an increase in adjusted EBITDA to between EUR 720 million and EUR 780 million, depending in particular on the development of advertising revenues in the region of Germany, Austria and Switzerland in the context of the further course of the COVID-19 pandemic
Unterf hring, March 4, 2021. ProSiebenSat.1 Group closed the year 2020 with a strong fourth quarter: In this period, Group revenues increased by 11% to EUR 1,492 million (previous year: EUR 1,349 million). All segments contributed to this growth. Especially the 3% increase in entertainment advertising revenues, continued dynamic revenue development of the online beauty provider Flaconi and the positive effects of the acquisition of the US online dating company The Meet Group were the drivers in the fourth quarter. Also Red Arrow Studios achieved significant growth year-on-year. The Group thus generated total revenues of EUR 4,047 million in full-year 2020 (previous year: EUR 4,135 million) and was therefore only 2% below the previous year despite the effects of the COVID-19 pandemic, which significantly impacted the Group's business in the second quarter in particular. The Group therefore also confirms its preliminary full-year figures published on January 21, 2021.
Rainer Beaujean, Chairman of the Executive Board & CFO of ProSiebenSat.1 Media SE: We came out of the COVID-19 crisis quickly and strongly in 2020. We demonstrated this with strong performance and growth in all segments in the fourth quarter. In this traditionally important final quarter, our advertising business and international program production business continued to recover. We also remain very satisfied with the development of ParshipMeet Group. In addition to the consolidation effects from The Meet Group, its growth has also continued organically and in a profitable manner. As a result, we managed to noticeably exceed our most recent full-year forecast in terms of revenues and earnings. We are starting the new year with optimism: Although the first quarter will initially be impacted by the COVID-19 restrictions, we are confident that our business is robust and expect a significant upturn in the course of the year as soon as the environment returns to normal.
Operating performance
Seven.One Entertainment Group's external revenues grew by 2% to EUR 826 million in the fourth quarter of 2020 (previous year: EUR 813 million). This was driven by the further recovery in advertising revenues, which increased by 3% in this period. This underlines how the Group has continuously improved in the important advertising business over the course of the COVID-19 pandemic (advertising revenues Q2: -37%; Q3: -6%). The Group's entertainment and infotainment offerings, which were particularly strong in prime time, also contributed to this positive development. Due to the effects of the COVID-19 pandemic, the segment's external revenues fell by 9% to EUR 2,286 million in the full-year (previous year: EUR 2,518 million).
The ParshipMeet Group segment generated external revenues of EUR 132 million in the fourth quarter of 2020 after EUR 53 million in the previous year. Besides the initial consolidation of The Meet Group, which has been part of the Group since September 2020, the organic development of Parship Group and especially the US dating platform eharmony was again very positive in the fourth quarter as well as in the full-year. ParshipMeet Group generated external revenues of EUR 333 million (previous year: EUR 209 million) in the full-year, which equates to a year-on-year increase of 59%. Organic(1) growth was 11%.
External revenues in the NuCom Group segment increased by 8% to EUR 315 million in the fourth quarter of 2020 (previous year: EUR 293 million). In particular, the beauty and lifestyle business with the online beauty provider Flaconi continued its dynamic revenue growth with significant gains and thus more than offset the declines at portfolio companies like billiger-mietwagen.de (SilverTours) and Jochen Schweizer mydays that were still affected by the consequences of the COVID-19 pandemic. Furthermore, the deconsolidation of the OTC provider WindStar Medical in December had a slightly contrary effect in the fourth quarter. In the full-year, NuCom Group recorded growth of 7% to EUR 807 million (previous year: EUR 756 million).
While in the Red Arrow Studios segment the effects of the COVID-19 pandemic were particularly noticeable in the second quarter, the international program production business continued to recover in the fourth quarter of 2020 and, like the global sales business and the digital studio Studio71, recorded clear growth. At EUR 218 million (previous year: EUR 191 million), the segment's external revenues in the last three months of 2020 grew by 14% compared to the previous year, partly due to catch-up effects, but did not fully offset the decline in the first nine months of 2020. In the full-year, external revenues decreased by 5% to EUR 620 million (previous year: EUR 652 million).
The
Europe Stories
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
14/05/2026
At Spotify, we're focused on making every listening experience feel intentio...
14/05/2026
Spotify recently welcomed songwriters, artists, executives, and music students t...
14/05/2026
New articulations, ostinatos, Motion Scoring Articulation Sets & more
Sonuscore's flagship cinematic string library has just been treated to a significa...
14/05/2026
World-class studio opens on T rkiye's Aegean coast
P r Recording & Residence have announced their official opening, introducing a new world-class reside...
14/05/2026
Now supports channel layouts up to 9.1.6
Nugen Audio have just released an update for their AI-powered dialogue intelligibility and compliance tool. Set to ...
14/05/2026
New recordings & one-key chord tool
UVI have just announced the release of Orchestral Suite 2, a ground-up redesign of their all-in-one symphonic orchestra ...
14/05/2026
Two new arrivals & expanded factory content
Rob Papen's all-encompassing plug-in and virtual instrument collection has just been treated to another upda...
14/05/2026
Embed QR codes into DAW sessions
FSK Audio's latest plug-in doesn't process audio, but serves as an organisational tool that allows QR codes to be e...
14/05/2026
Rohde & Schwarz transforms spectrum complexity into situational awareness and ef...
14/05/2026
Rohde & Schwarz and Quantum Systems join forces to redefine EW and C-UAS-enabled...
14/05/2026
Rohde & Schwarz showcases STANAG aligned ARDRONIS Counter UAS capability at NATO...
14/05/2026
Code of Silence has won the BAFTA for Best Drama Series at Sunday night's ceremony at the Royal Festival Hall.
The series, starring Rose Ayling-Ellis and w...
14/05/2026
Vivid Broadcast was embracing remote production long before it became the industry norm. Now, with Calrec's True Control 2.0-enabled Argo M and Type R conso...
14/05/2026
What can I watch on UKTV and stream on U this week?
This week on UKTV and the free streaming service U, viewers can watch a range of new and returning programm...
14/05/2026
The high-stakes chase thriller from Oscar- and BAFTA-nominated writer Matt Charm...
14/05/2026
Back From The Brink airs Sunday 17 May and Sunday 24 May at 6.30pm on RT One an...
13/05/2026
13 May 2026
VEON Delivers Strong Start to 2026 1Q26: Revenue 17.0%, EBITDA 17...
13/05/2026
Thousands of props donated from Skys longest-running original seriesWednesday 13 May 2026
How a neon windmill from A League of Their Own ended up in a dogs'...
13/05/2026
SAN JOSE, Calif. - May 13, 2026 - Harmonic (NASDAQ: HLIT) today announced that I...
13/05/2026
A definitive portrait of one of Ireland's most influential musicians
New TV documentary airs Monday 18 May on RT One and RT Player at 9.35pm
Watch the...
12/05/2026
Spotify is where fans and artists come together, turning discovery into somethin...
12/05/2026
Features patented Marco-MMC clocking technology
Black Lion Audio's latest release combines the company's expertise in clocking with their renowned p...
12/05/2026
New Track Panel, sequencer upgrades & more
Following their recent public beta release, Reason Studios have announced the full release of Reason 14. With the...
12/05/2026
Rohde & Schwarz presents its advanced solutions for power electronics testing at...
12/05/2026
aconnic AG (ISIN: DE000A0LBKW6), Munich, has developed a modified fund raising p...
12/05/2026
FOX Announces Schedule for 2026-27 Season FOX'S POWERFUL NEW SERIES PIPELINE FUELS A BREAKOUT SEASON WITH RETURNING HITS AND BOLD NEW STORYTELLING ACROSS ...
12/05/2026
Customer demand for data continues to grow in the first quarter of 2026 at Magya...
12/05/2026
The latest drama underscores Sky's continued investment in regional production and Welsh creative talent.Tuesday 12 May 2026
Wales takes the spotlight in S...
11/05/2026
As Eurovision fans gear up to celebrate the 70th anniversary of the iconic song ...
11/05/2026
Pela primeira vez na hist ria, o Brasil figura entre os oito maiores mercados de...
11/05/2026
New desktop instrument focused on tactile performance
Bastl Instruments have announced the Kalimba, a new desktop instrument that combines physical modellin...
11/05/2026
Compact sampling workstation gains new features
1010music have announced the blackbox 2, a new version of their compact standalone sampler designed for DAWl...
11/05/2026
Performance-focused sequencer with microtonal control
Berlin-based KOMA Elektronik have announced Monoplex, a new 42HP Eurorack sequencer designed for hands...
11/05/2026
Boasts wireless control from mobile devices
The latest iteration of IK Multimedia's compact amp and effects modelling pedal expands on the capabilities ...
11/05/2026
Spans traditional orchestral and experimental sounds
Sonora Cinematic have recently released the third instalment in their Transfigured Orchestra series, de...
11/05/2026
Our exhibition coverage
Watch all our SUPERBOOTH 2026 video coverage in one place. Check back to this page regularly as we will be updating with more video ...
11/05/2026
aconnic AG (ISIN: DE000A0LBKW6), Munich, is participating in the Equity Forum Ge...
11/05/2026
Bounteous Acquires Cartesian to Accelerate Enterprise AI
May 11, 2026
Business Assurance
News
Acquisition enhances deep data and analytics capabil...
11/05/2026
11 May 2026
VEON Shareholders Re-elect Board and Chairman, Reaffirming Confiden...
11/05/2026
Fox Corporation Reports Third Quarter Fiscal 2026 Financial Results NEW YORK, NY, May 11, 2026 - Fox Corporation (Nasdaq: FOXA, FOX; FOX or the Company ) t...
11/05/2026
Arvato Systems Becomes a Member of InsurLab Germany
Collaboration in the insurance industrys leading innovation network
G tersloh - Arvato Systems has joine...
11/05/2026
Pirate Predator uncovers new information from victims and survivors of abuse on ...
10/05/2026
RT ALL-IRELAND DRAMA FESTIVAL WINNERS ANNOUNCED DURING GALA AWARDS STREAMED LIVE ON RTE.IE/CULTURE
Kilmeen Drama Group hailing from Rossmore, Co. Cork Scoops ...
09/05/2026
New desktop instrument focused on tactile performance
Bastl Instruments have announced Kalimba, a new desktop instrument that combines physical modelling, F...
09/05/2026
Compact sampling workstation gains new features
1010music have announced blackbox 2, a new version of their compact standalone sampler designed for DAWless ...
ProSiebenSat.1 Group closes 2020 with strong fourth quarter: Growth of 11% in revenues and 12% in adjusted EBITDA 
