Revenues stood at $48.3 million in the second quarter of 2019, compared with $49.5 million in the same period in 2018, according to the financial report of Central European Media Enterprises (CME) Group. PRO Group is part of CME, the largest television group in Central and Eastern Europe.
The operating profit (operating income before depreciation and amortization – OIBDA) reached $42.7 million in the first half of 2019, compared with $43 million in the year-earlier period.
ProTV Group had an operating profit of $25.2 million in the second quarter of 2019, up 4.3% from $24.1 million in the same period in 2018.
CME reported a turnover of $330 million in the first half of 2019, lower than $338 million in the first half of 2018, and an operating profit of $111 million, up 15.8% from $96 million in the first half of 2018.
CME reported revenues of $183 million and an operating profit of $73 million year-on-year in the second quarter of 2019.
CME operates in Romania, the Czech Republic, Slovakia, Slovenia and Bulgaria.