Press archive
Find all press releases in
Press archive

DISCLOSURE OF AN INSIDE INFORMATION PURSUANT TO ARTICLE 17 MAR OF THE REGULATION (EU) NO. 596/2014: ProSiebenSat.1 Media SE postpones presentation of Annual and Consolidated Financial Statements and possibly also Annual General Meeting

Unterföhring, February 28, 2023. ProSiebenSat.1 Media SE postpones the date for the publication of the Annual and Consolidated Financial Statements for the financial year 2022 in light of regulatory matters in connection with the business of Jochen Schweizer mydays, which belongs to the Commerce & Ventures segment. This was decided by the Executive Board today.

Following a recently received information, the Company assumes on the basis of the results of an external assessment, that the business activities of its two subsidiaries Jochen Schweizer GmbH and mydays GmbH, which essentially consist of the distribution of vouchers, fall in part under the German Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz – ZAG). The Company is currently examining an adjustment of the business model of Jochen Schweizer mydays. 

The aforementioned circumstances affect the ongoing audit work for the Annual and Consolidated Financial Statements, which means that the Annual Press Conference cannot take place on March 2, 2023 as planned. As a result of the later publication of the Annual and Consolidated Financial Statements, the date for the Annual General Meeting (so far: May 2, 2023) may also have to be postponed.

The Company will inform about revised dates as soon as possible.

In relation to the external revenues of the Group, the business activities of Jochen Schweizer mydays Group (excluding Regiondo) accounted for EUR 73 million or a share of 1,6% in the financial year 2021. With an adjusted EBITDA[1] of EUR minus 1 million the profit contribution of Jochen Schweizer mydays Group (excluding Regiondo) in the 2021 financial year amounted to approximately minus 0,1% in relation to the Group. 

The Company maintains, on the basis of the findings to date, its previous full-year outlook for the 2022 financial year.  

[1] EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) adjusted for non-recurring effects

Corporate Communications; Corporate & Finance Communication
Stefanie Rupp-Menedetter
Spokeswoman / Executive Vice President Group Communications
+49 [0]89 9507-2598
Charlotte Potts
»We want to rethink news programs.«
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.
The youth demographic’s brightest stars: Influencer power around the globe
Influencers are some of the most compelling brand ambassadors of our time. Studio71 boasts one of the world’s largest rosters of the most popular social media stars with the broadest reach.
Jobst Benthues
"We want to be part of an idea that becomes a success around the world."
Redseven Entertainment is behind many successful formats, not only at ProSiebenSat.1 but also at various other stations and platforms. Jobst Benthues tells us which formats these are and how Redseven has developed over the years.
© 2024 ProSiebenSat.1 Media SE