German pay-TV broadcaster Sky Deutschland has acquired 103,000 new subscribers in the first three months of 2015, increasing its total customer figure to 4.23 million.
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In the same period last year, 64,000 subscribers were added.
The turnover grew by €35 million to €455 million. The main growth driver was the income generated through subscriptions which rose by 9% to €419 million.
The EBITDA increased by €31 million to €22 million, thus returning to the black. The expenses without write-offs rose by 1% to €433 million, mainly due to higher costs for the Bundesliga and programming.
Sky, however, didn’t reveal its net result. In the first three months of 2014, the pay-TV company recorded a net loss of €53 million. “We don’t publish the net result separately anymore because of the simplified reporting duties that now apply to us,” a Sky spokesman told Broadband TV News.