RESULTS
"We have significantly increased our profitability, and are on track to achieve our EBITDA growth outlook for 2026. With a sustainably lean cost base and disciplined cash management, we are laying the groundwork for further profitable growth."
ProSiebenSat.1’s Group revenues for the first nine months of 2026 amounted to EUR 2,244 million, compared to EUR 2,515 million in the previous year. In the third quarter of 2026, Group revenues amounted to EUR 701 million, compared to EUR 820 million in the third quarter of 2025. On an organic basis, revenues declined by 3% on a nine-month basis in a challenging economic and advertising market environment, and by 4% in the third quarter 2026.
ProSiebenSat.1’s EBITDA increased significantly by EUR 159 million to EUR 198 million for the first nine months. In the third quarter of 2026, the improvement year-on-year was EUR 7 million, amounting to EUR 75 million. This is attributable to a significant decline in costs.
External revenues for the Entertainment segment amounted to EUR 1,395 million in the first nine months of 2026, down 7% on the previous year’s figure. The revenue development reflects the current market environment, which is characterized by a restrained willingness to invest in advertising, particularly in the TV sector. Joyn, on the other hand, grew significantly in both advertising revenues and SVoD. Advertising revenues in the podcast business also continued to increase.
For financial year 2026, ProSiebenSat.1 continues to expect a significant increase in EBITDA compared to 2025 (EUR 241 million). Group revenues are expected to decline moderately; organically, a slight decline is expected. The target range for the leverage ratio at year-end remains unchanged at 3.0x to 3.5x. Net financial debt is expected to remain stable compared to the end of 2025. With a lean cost structure and a clear focus on cash, ProSiebenSat.1 aims to offset the decline in organic revenues and lay the groundwork for further profitable growth.
15 minutes of prime-time airtime for Joko Winterscheidt and Klaas Heufer-Umlauf, who won their show "Joko & Klaas vs. ProSieben" against the most famous ProSieben station faces.
A 60-person in-house newsroom has been established for ProSieben, SAT.1, Kabel Eins and all digital platforms. This will be bundled alongside the existing magazine editorial teams under the umbrella of the Seven.One Entertainment Group.