Cyfrowy Polsat holds steady

May 15, 2014 08.32 Europe/London By Chris Dziadul

Cyfrowy Polsat NewPoland’s Cyfrowy Polsat ended the first quarter with 3,527,519 subscribers, or 0.8% fewer than in the corresponding period last year.

Of these 2,672,804 (-2.8%) and 854,715 (+6.1%) opted for its Familijny and Mini packages respectively.

The churn rate stood at 9.3% (+0.6 percentage points) and ARPU PLN40.9 (€9.8, +1.5%).

Cyfrowy Polsat’s revenues in Q1 amounted to PLN727 million (+4%) and EBITDA PLN281 million (+15%).

Its net profit was PLN98 million (+3%).