Premiere posts healthier than expected figures
Thanks to substantial growth in revenues and further cost-cutting measures, German pay-TV platform Premiere has revised its predicted operating loss downwards a second time - to less than Euros 40m for 2003.In February, the Premiere had originally forecast a loss of Euros 80m. This was then revised downwards to a maximum of loss of Euros 60m in April in the light of Premiere's ongoing recovery.Premiere has seen its revenues climb to Euros 471m in the first half of 2003, ...
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