German pay-TV broadcaster Sky Deutschland has acquired 103,000 new subscribers in the first three months of 2015, increasing its total customer figure to 4.23 million.
In the same period last year, 64,000 subscribers were added.
The turnover grew by €35 million to €455 million. The main growth driver was the income generated through subscriptions which rose by 9% to €419 million.
The EBITDA increased by €31 million to €22 million, thus returning to the black. The expenses without write-offs rose by 1% to €433 million, mainly due to higher costs for the Bundesliga and programming.
Sky, however, didn’t reveal its net result. In the first three months of 2014, the pay-TV company recorded a net loss of €53 million. “We don’t publish the net result separately anymore because of the simplified reporting duties that now apply to us,” a Sky spokesman told Broadband TV News.
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