Friday, November 30, 2007

ProSiebenSat.1 advertising growth in Q4

: Shares of German commercial telecasting broadcaster ProSiebenSat.1 Media silver jumped Thursday after the company said it anticipates a positive telecasting advertisement marketplace in the 4th quarter.

After stable developments in October, November also went very well, Head Executive Guillaume Delaware Posch said on a conference call.

He said while engagements for December advertisement slots haven't been concluded yet, net income are expected to rise.

Chief Financial Military Officer Lothar Lanz also said December gross sales will be higher than those of 2006.

While experts anticipate 1 percentage advertisement marketplace growing in 2008, Delaware Posch said it is too early to corroborate this. Today in Business

ProSiebenSat shares rose 6.5 percentage to €17.99 (€26.811) in Frankfurt.

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